RedactedNarrative: THE OPERATOR WAS CRUISING SLOWER THAN ABOVE WAKE SPEED, WAKE WAS TOO LARGE FOR VESSEL. THE WAVES BEGAN TO COME OVER THE BOW OF VESSEL AND FILLED THE VESSEL AND IT BEGAN TO SINK. 
  
  THE OPERATOR AND PASSENGER PUT PFD'S ON AND CALLED FOR RESCUE. THE OWNER/OPERATOR INDICATED THE TRIM TABS DO NOT WORK. TOW COMPANY INDICATED HULL DAMAGE AND VESSEL WAS UNABLE TO STAY AFLOAT. NO INJURIES, NO ALCOHOL REPORTED.