Posts tagged money laundering
Fighting For Workers Or Fleecing Them? An Ousted Honolulu Union Boss Faces His Reckoning
October 13, 2022 // In court filings, prosecutors describe a brazen abuse of power by a union leader and a stunning display of greed by a man accused of using union funds as a piggy bank for himself and his family. The feds say the family charged numerous personal expenses to the union and, when funds started to dwindle, rigged a union vote to raise dues against the wishes of the members. Ahakuelo and his family members have pleaded not guilty, and he said they all plan to take the stand. “It’s not true,” Ahakuelo said of the criminal charges in an interview with Civil Beat last week. “Some of the stuff will be, maybe, morally incorrect … However, it’s not criminal.”
Former UAW Official Sentenced to 57 Months in Prison For Embezzling Over $2 Million in Union Funds
July 28, 2022 // Timothy Edmunds, the former Financial Secretary Treasurer of Local 412 of the United Auto Workers union, was sentenced to 57 months in prison today based on his convictions for embezzling $2.1 million in union funds and for money laundering announced U.S. Attorney Dawn N. Ison. Evidence indicates that Edmunds used portions of the proceeds of his embezzlement to gamble extensively, to purchase firearms, various high-end vehicles, and to purchase cocaine. For example, between 2018 and 2020, Edmunds used the UAW Local 412 debit card to make over $30,000 in unauthorized withdrawals at the Greektown Casino.
UAW Union Treasurer in $2.2M Embezzlement Gambled $16M at Greektown
April 3, 2022 // He was denied bail because of the judge’s concerns about his mental health and criminal history of violence.
Former UAW treasurer pleads guilty to stealing more than $2M in union funds
March 30, 2022 // The former treasurer and secretary for UAW Local 412 pleaded guilty to charges of embezzling union funds and money laundering after he stole more than $2 million in union funds. According to the Associated Press, Timothy Edmunds, 54, entered his plea last Friday during an appearance in U.S. District Court.