Posts tagged Massachusetts and Northern New England Laborers’ District Council of the Laborers International Union of North America
Former president of Wilmington construction company pleads guilty to payroll scheme
September 12, 2023 // Acting U.S. Attorney Joshua Levy’s office said Frank Loconte, 62, of Beverly, defrauded union workers of more than $1 million of overtime work and the IRS of more than $3 million by not making the required payroll tax and union dues withholdings and payments. Documents filed in federal court state Loconte used the funds for personal expenses, including vehicles, household improvements, golf club memberships, and personal property taxes for houses in Beverly, Ipswich and Andover, as well as Naples, Florida. Loconte, who served as the president of NER from 2009 to 2022, pleaded guilty on Wednesday to mail fraud and failing to pay taxes, which are charges that carry a combined sentence of up to 25 years in prison.