"Regardless of title or position, the Department of Labor will hold fiduciaries to the highest standards of accountability to protect the benefits of America’s workers,”
New York Regional Director Thomas Licetti
ARE YOU FRIGGIN KIDDING ME!!
DEAR MR LICETTI ARE YOU COMPLETELY LOONEY TUNES OR ARE YOU JUST A LYING SACK OF SHYTE
EBSA LICETTI GOES BAT SHYTE CRAZY
THE EBSA AND DOL HAVE REFUSED TO HOLD THESE UNION CROOKS ACCOUNTABLE
THE EBSA AND DOL HAVE REFUSED TO ENFORCE THE LMRDA AND ERISA
THE EBSA AND DOL HAVE REFUSED TO PROTECT WORKERS BEING ROBBED AND PERSECUTED BY UNION CRIMINAL SYNDICATES
THE EBSA HAS REFUSED TO STOP THESE UNION CRIMINAL SYNDICATES AND CROOKS FROM MISMANAGING,LOOTING,ILLEGALLY SEIZING AND ILLEGALLY CONTROLLING UNION ERISA FUNDS
THE TAXPAYERS ARE ON THE HOOK FOR LOOTED AND MISMANAGED UNION CRIMINAL SYNDICATE PENSION FUNDS FOR THE NEXT 30 YEARS AT AN ESTIMATED COST OF $100 BILLION BECAUSE THE EBSA HAS REFUSED AND IS STILL REFUSING TO STOP THESE THIEVES
THE DOL HAS REFUSED TO STOP THE ILLEGAL EXPENDITURE OF UNION FUNDS BY UNION LEADERS
NEWS RELEASE
US Department of Labor issues statement following sentencing of Northeast Carpenters Benefit Funds’ former plan administrator
NEW YORK – The U.S. Department of Labor issued the following statement on today’s sentencing of George Laufenberg, former plan administrator of the Northeast Carpenters Benefit Funds, who pleaded guilty on June 3, 2022, to embezzling approximately $140,000 and making false statements to the department.
“Today’s sentencing sends an important message to all those entrusted with protecting benefit plan assets. Regardless of title or position, the Department of Labor will hold fiduciaries to the highest standards of accountability to protect the benefits of America’s workers,” said New York Regional Director Thomas Licetti of the U.S. Department of Labor’s Employee Benefits Security Administration.
U.S. District Court Judge Kevin R. McNulty for the District of New Jersey today sentenced George Laufenberg to three years of probation with six months of home confinement and a fine of $20,000 for defrauding the Northeast Carpenters Benefit Funds. As the funds’ administrator, Laufenberg was charged with managing, administering, and safeguarding hundreds of millions of dollars in plan assets. Instead, he used that authority to defraud plan participants and the plans by stealing pension assets and then concealing his theft in government filings to continue his crimes. No restitution was ordered as a result of Laufenberg’s settlement in a separate civil case with the Northeast Carpenters Benefit Funds, which cited his other conduct charged in the original indictment where he forfeited his pension supplement of $14,000 per month.
Agency
4 comments:
He stole millions but was charged with $140 thousand bullshit first of all!!!! Does that mean he still gets his $24,000 a month pension
You think he could retire with dignity on $23,000.00 a month???
If there was ever a time to organise a RTW and RICO lawsuit via this website, that time is now. The Federal agencies charged with over seeing Labor Unions are clearly incompetent and incapable of the task.
The word you are looking for is complicit... Not incompetent... The feds are actively looking the other way because they are being bribed...
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