COUNT ONE: EMBEZZLEMENT OF $140,000
COUNT 5: LYING ON A FORM 5500
SENTENCING IS TO TAKE PLACE OCTOBER 26, 2022
LAUFENBERG FACES UP TO 5 YEARS ON EACH COUNT AND A $250,000 FINE. PLUS RESTITUTION OF THE $140,000
LAUFENBERG WALKS OFF INTO THE SUNSET TO WATCH MORE CARTOONS UNTIL OCTOBER 2022
I AM SURE THE US ATTORNEY OFFICE GRADY O'MALLEY AND KENDAL RANDOLPH DID NOT SELL OUT JUSTICE AND BETRAY UBC MEMBERS AFTER ALL THIS TIME AND DELAY
THE QUESTION FOR INQUIRING MINDS IS HOW MUCH BLOOD DID GEORGE GIVE IN RETURN FOR THIS SLAP ON THE WRIST
A PINT
A QUART
A GALLON
????????????
I AM SURE THE US ATTORNEY HAS SOME TYPE OF MAGIC UP THEIR SLEEVE AND WE WILL BE WATCHING TO SEE WHAT IT IS
WE HAVE BEEN FORCED TO SIT WITH OUR THUMBS UP OUR ASS WHILE THE UBC CRIMINAL SYNDICATE IS ALLOWED TO KEEP PILLAGING AND BURNING
IF YOU THINK THIS SLEEPING DOG IS GOING TO LIE YOU ARE SADLY
MISTAKEN
FORMER CARPENTERS UNION OFFICAL PLEADS GUILTY TO EMBEZZLEMENT,FALSE STATEMENTS
The case involving George Laufenberg is one of a series of issues facing the United Brotherhood of Carpenters union
NEWARK, N.J. — The former benefits manager for the powerful United Brotherhood of Carpenters union in New Jersey and New York pleaded guilty Friday in federal court to embezzlement and making false statements.
As part of a plea deal, prosecutors dropped three other counts George Laufenberg was indicted on in 2019: Two additional embezzlement counts and one count of conspiracy to embezzle with a low-show employee
Laufenberg, who originally pleaded not guilty to all of the charges against him, faces up to five years in prison on each of the two counts he admitted to on Friday.
Background: Laufenberg, who was also a commissioner on the Port Authority of New York and New Jersey, oversaw more than $2 billion in funds for the union until he was fired in 2016, with the union citing “potential violations” of federal securities law.
Federal prosecutors originally claimed
he stole from union benefit plans by using his authority to “to
self-deal and benefit himself,” granting himself a $120,000 pension and
$180,000 in annual deferred compensation in addition to his roughly
$300,000 salary. He also allegedly gave a friend a “low-show job” with
the funds that included a full salary, pension, annuity contributions
and health benefits to a friend
Former carpenters union manager pleads guilty to embezzlement
Presented by AARP New Jersey
Woodworking alone just doesn’t cut it for some carpenters.
George Laufenberg, a former benefits manager for the influential United Brotherhood of Carpenters union in New Jersey and New York and commissioner on the Port Authority of New York and New Jersey, pleaded guilty to embezzlement and making false statements in federal court on Friday and could face up to five years in prison, reports POLITICO’s Daniel O’Connor and Matt Friedman.
Federal prosecutors dropped two additional counts of embezzlement and one count of conspiracy to embezzle with a low-show employee — all three from a 2019 indictment — as part of a plea deal. Prior to his firing in 2016, Laufenberg was at the helm of more than $2 billion in funds for the union, which cited “potential violations” of federal securities law as reason for his unemployment.
Originally pleading not guilty to all charges brought forth against him, Laufenberg was alleged by federal prosecutors to have stolen from union benefit plans, tallying $300,000 in addition to a salary of the same figure, and giving a “low-show job” with the funds that came accompanied with a full salary, pension, annuity contributions and health benefits, to a friend.
13 comments:
Spencer must be shitting his pants
He stole millions! 10 years is nothing. He'll get out in a couple years. Is the cell big enough for three more? They can share the bunk!
Well after more than two years of work and waiting I hope Georgie Boy didn’t get a soft deal.
Hey Joe Elmo I guess he was guilty i say that as when you were our president you brushed it all of “it’s currently under investigation” it was all explained to you and every executive member and that’s how you lead us…….good job!
Hurley do the right thing!
Not fair to Tommy if he does the right thing he’ll be out
Anonymous
He also did a great job pushing in the new delegates
Settle civil lawsuit how does that work while pleading guilty what a game good job frank
Peter Tonia what a great letter you put out I hope the Feds look at you soon enough!
I feel so much more at ease now that the letter went out. Lmao.
Maybe he can put money in his commissary account
Peter letter explaining why only 4 labor trustee on phila funds? Please elabarate
Bingo. That's an excellent post that slipped under the radar.
Toniya is probably more indictable than scumbag laufenburg..
See. Good investigators would be coming through his port Authority stint..
He had to learn somewhere.
Bet if checked... You'll see some " glitches"
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