Former FCA Executive Indicted For Allegedly Enriching Himself, UAW Officers And Employees

  • Former FCA Executive Indicted For Allegedly Enriching Himself, UAW Officers And Employees

Former FCA Executive Indicted For Allegedly Enriching Himself, UAW Officers And Employees

The indictment said $40,000 was transferred from the training center to complete the purchase of two solid gold Mont Blanc pens.

Fiat Chrysler said it had worked with the UAW "to implement governance, auditing and structural reforms to improve the accountability and transparency of the NTC".

Former FCA labor relations chief Al Iacobelli is charged with conspiracy and other crimes.

Monica Morgan in an undated picture with her late husband, General Holiefield. A year before he died of pancreatic cancer, Holiefield took a leave of absence from the union after he accidentally shot Morgan in the stomach at their Harrison Township home.

Iacobelli, 57, of Rochester Hills, is charged with paying and delivering prohibited money and things of value to union members and subscribing to false tax returns.

A former Fiat Chrysler executive accused of paying off a senior union official, his wife and others landed a job at General Motors after he was sacked.

GM hired Iacobelli in January 2016 as executive director of labor relations, but it's unclear if he still works there, Melissa Burden of the Detroit News reports.

Wickham says he doesn't know Iacobelli's status with GM after the indictment Wednesday.

Also charged is 61-year-old Jerome Durden of Rochester, who faces a count of conspiracy to defraud the impairing, impeding and obstructing the Internal Revenue Service for allegedly concealing the inappropriate payments. He's accused of providing $1.2 million in a variety of ways to United Automobile Workers vice president General Holiefield and his wife Monica Morgan. The former union executive's untimely death appears to have thrust his widow into the spotlight and saved him the trouble of a lengthy trial. Steve Fishman, Morgan's attorney, didn't immediately respond to an email seeking comment.

Iacobelli, who abruptly left the automaker in June 2015, also allegedly helped funnel $1.2 million from the UAW-Chrysler National Training Center to General Holiefield, who was in charge of the UAW's negotiations with FCA at the time.

Durden worked at Fiat Chrysler and handled finances at the training center. Jefferies Group LLC set a $14.00 target price on Fiat Chrysler Automobiles N.V. and gave the company a "buy" rating in a research note on Monday, May 22nd. The company says it is cooperating fully with federal authorities.

Congress enacted the National Labor Relations Act, commonly known as the Taft Hartley Act, in 1935 to protect the rights of employees and employers, to encourage collective bargaining, and to curtail certain private sector labor and management practices, which can harm the general welfare of workers, businesses and the US economy. He's charged with giving $1.2 million in various gifts to Holiefield and Holiefield's wife. Fiat Chrysler Automobiles N.V. earned a news impact score of 0.29 on Accern's scale. He died in 2015.

Fiat Chrysler's former labor-relations chief, Alphons Iacobelli, used $1 million meant to train UAW members to buy himself a Ferrari, two solid-gold pens costing $37,500 each, a swimming pool and other luxuries, according to an indictment from a federal grand jury on Wednesday.

The indictment alleges they and others orchestrated the scheme between 2009 and 2014, including during the negotiation of collective bargaining agreements between the UAW and Fiat Chrysler.

Those measures include requiring an annual independent audit and annual department budgets, hiring a full-time controller, adopting a credit card policy, creating a hotline to report suspected wrongdoing, hiring new legal council, requiring approval for new vendors and banning all charitable donations from the training center to any charity run or controlled by a UAW official.

A lawyer for Iacobelli, David DuMouchel, declined to comment.