Business
See other Business Articles
Title: UFCW Bosses Busted For Racketeering, Extortion, Money Laundering & More…
Source:
RS.com
URL Source: http://www.redstate.com/laborunionr ... tortion-money-laundering-more/
Published: Nov 1, 2011
Author: LaborUnionReport
Post Date: 2011-11-01 08:02:12 by CZ82
Keywords: None
Views: 5578
Comments: 6
UFCW Bosses Busted For Racketeering, Extortion, Money Laundering & More… Posted by LaborUnionReport Friday, October 28th at 2:30PM EDT A powerful United Food & Commercial Workers local union (348s) in New York was closed for business on Thursday as police arrested three family members who run the union local. Police arrested the president, former president, and treasurer of Local 348 United Food and Commercial Workers International Union (UFCW) on Thursday. Anthony Fazio Sr., John Fazio Jr., and Anthony Fazio Jr. were charged with racketeering, extortion, money laundering, and witness tampering. The Fazios used their positions in the union to extort money from employers unionized by the UFCW. They stole more than $2.4 million from union members and employers over the course of 16 years, according to the indictment. According to Courthouse News Service: The indictment accuses the Fazios of “extorting, soliciting and obtaining cash payments, in violation of federal and state labor law, from business owners who employees were represented by Local 348,” to enrich themselves and others. It claims the Fazios conspired to extort, and did extort, and laundered the extortion money, embezzled from pension and welfare benefit funds and tampered with witnesses. It claims that they took more than $1,000 at a pop from multiple employers, extorting them “by instilling … fear” that the Fazios and others would harm their businesses unless they paid it. The grand jury indictment, whose foreperson’s name is blacked out, seeks forfeiture of assets and other penalties. In addition to the what the accused are alleged to have made through their “unofficial” union duties, according to financial reports on file with the US Department of Labor, the Fazio family did pretty well for themselves in their official capacities. According to the local’s reports, in what appears to be a game of musical chairs (and double dipping) in 2010, the Fazio family paid themselves as follows: •Anthony Fazio, Jr., the local’s new president was paid $172,257 in total compensation •Anthony Fazio, Sr., the local’s past president was paid $149,772 in total compensation •John Fazio, Jr. the local’s new secretary-treasurer was paid $168,712 in total compensation •Anthony Fazio, Jr., the local’s past secretary-treasurer was paid $86,129 in total compensation •John Fazio, Jr., the local’s past vice president was paid $84,357 in total compensation Note: The above compensation was listed as having been paid out in 2010. Other Compensation: In addition to the above, John Fazio, Sr, also was paid as a trustee of the union’s health and welfare fund. In 2009, Fazio, Sr. was paid $65,000. It is unknown how much he was paid in 2010. Here is a copy of the indictment: UFCW 348 Indictment UFCW 348 Indictment
Poster Comment: Why doesn't this surprise me????
Post Comment Private Reply Ignore Thread
Top • Page Up • Full Thread • Page Down • Bottom/Latest
#1. To: CZ82 (#0)
MFGLobal: Billions of same. Not one Jewish Bankster arrested to date....;} But that's about to change. Greatest Ponzi in World History.
Isn't that Corzines company????? I haven't heard billions..... only about 700 million or so, did I miss some further announcement????
Number of shallow, inadequate, hypocritical Leftards who have me on BOZO---3.......... That means I'm doing my job correctly !!!!!!!!! "CHANGE" you can step in..... Google $37 billion bankruptcy petition unsecured creditors I was going to say add MFGLOBAL but no need: Corzine needs to be arrested now. An example. 1. Full MF Global Bankruptcy Petition... In Which We Find That ... http://www.zerohedge.com/.../ful...petition-which-w...Cached You +1'd this publicly. Undo 1 day ago – Full bankruptcy filing attached below, where we find that in addition to owing JPM and Deutsche Bank $1.2 billion and $1 billion respectively, as bond trustees, the 7th biggest unsecured creditor with $845397, ... 7th biggest unsecured creditor with $845397, is. ..... Mon, 10/31/2011 - 11:37 | Link to Comment ...
What do you bet he never sees jail time....... And I'm curious as to how much of the money got funneled to other politicians???
Number of shallow, inadequate, hypocritical Leftards who have me on BOZO---3.......... That means I'm doing my job correctly !!!!!!!!! "CHANGE" you can step in..... $874,000 to Money Honey Maria Bartiromo. It scales up and down from there....;}
Notice how fast Corzine 'found' the missing $700 million? LMFAO
Why doesn't this surprise me????
#2. To: mcgowanjm (#1)
MFGLobal: Billions of same.
My dogs have created more shovel ready jobs than the self appointed Messiah!!!
#3. To: CZ82 (#2)
(Edited)
#4. To: mcgowanjm (#3)
Corzine needs to be arrested now.
My dogs have created more shovel ready jobs than the self appointed Messiah!!!
#5. To: CZ82 (#4)
And I'm curious as to how much of the money got funneled to other politicians???
#6. To: All (#5)
Top • Page Up • Full Thread • Page Down • Bottom/Latest
[Home] [Headlines] [Latest Articles] [Latest Comments] [Post] [Mail] [Sign-in] [Setup] [Help] [Register]