Posts tagged pension funds

    Judge sentences former Illinois state lawmaker Thomas Cullerton to a year in prison for embezzlement

    June 22, 2022 // Prosecutors said that within weeks of being sworn in as a state senator, Cullerton was added to the payroll of the Teamsters union as an organizer. As a union organizer, Cullerton was expected to work 40 hours a week to attract new members, support union picket lines and attend union events. During his three years with the union, Cullerton collected $248,828 in payments and benefits. "Indeed, he was a ghost payroller who invariably did little to nothing over this three-year period," prosecutors wrote in a sentencing memo. "The defendant’s immediate supervisors tried to get Cullerton to work, but he was, in the words of one supervisor, 'never available.' ... So rare was the defendant present for work that the union did not even bother to keep track of his use of vacation time – because he was effectively on a permanent vacation." Brett Rowland, Judge Robert Gettleman, John Lausch Jr., Amarjeet Bhachu, Erika Csicsila,

    Ousted carpenters chief decries ‘hostile takeover’ of St. Louis union

    May 12, 2022 // In September, Bond’s position was eliminated and the St. Louis council was terminated with little explanation. UBC President Doug McCarron later said the national union was investigating “financial malfeasance” in the St. Louis-Kansas City Carpenters Regional Council, and union officials said they planned formal, internal charges against Bond for “defrauding” the union.