News and Events for Attorneys and Executives

Ex-Fiat Chrysler Executive Charged in Union Official Payoff

By on July 28, 2017 in Criminal Law, Labor

A former Fiat Chrysler executive has been charged with looting a training center for blue-collar workers by giving $1.2 million through a variety of ways to a UAW leader, his wife and other senior union officials, according to an Associated Press report.

The ex-exective is Al Iacobelli, who was indicted in an alleged conspiracy involving the late United Auto Workers vice president General Holiefield and Holiefield’s widow, Monica Morgan.

“The indictment describes a multiyear scheme to reward Holiefield and Morgan with first-class travel, designer clothing and jewelry. A $262,000 mortgage on their home in suburban Detroit was paid off, according to the grand jury,” write Ed White and Tom Krisher. “Iacobelli treated himself to more than $350,000 for a Ferrari, the government alleged.”

Read the AP article.

 

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