GEORGE LAUFENBERG INDICTED.ARE SPENCER AND CAPELLI NEXT

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GEORGE LAUFENBERG INDICTED.ARE SPENCER AND CAPELLI NEXT

RichardDorrough
Sept. 27, 2019
FORMER CARPENTERS’ BENEFIT PLAN ADMINISTRATOR INDICTED ON FRAUD CHARGES


NEWARK, N.J. –  The former administrative manager of the United Brotherhood of  Carpenters (Carpenters Union) New Jersey/New York benefit funds was  indicted today by a federal grand jury for  defrauding the funds of more than $1.5 million, U.S. Attorney Craig  Carpenito announced.
 
 George R. Laufenberg, 69, of Harvey Cedars,  New Jersey, is charged in a five-count indictment with embezzlement of  pension funds, embezzlement of deferred compensation payments,  embezzlement  of excess annuity fund contributions, conspiracy to embezzle with a  “low-show” employee, and making a false statement in an annual financial  report. He will be arraigned before a U.S. District Court Judge at a  later date.
According to the indictment:
Laufenberg is  the former administrative manager of the New Jersey Carpenter’s Pension,  Annuity, Health and Training/Apprenticeship Funds. He allegedly stole  from the benefit plans by using  his authority to self-deal and benefit himself with unapproved and  improper distributions from pension and annuity funds. He also filed a  false U.S. Department of Labor Form 5500 in which he denied he was  improperly diverting annuity contributions into his  paycheck.
Laufenberg, who  earned an annual salary of approximately $300,000, is charged with  using his authority to unilaterally grant himself a $120,000 pension and  $180,000 in annual deferred compensation,  without retiring, or without giving notice or receiving approval from  the funds’ board of trustees. He is also charged with diverting into his  paycheck monthly annuity contributions, contrary to IRS regulations.  Laufenberg also used his authority to grant  a personal friend, who was a low-show employee at the funds, a full  salary with a pension, annuity contributions and full health care  coverage.
The maximum penalty for each count is five years in prison and a $250,000 fine.
U.S. Attorney  Carpenito credited the investigators of the Department of Labor (DOL),  Employee Benefit Security Administration (EBSA), under the supervision  of Darren Cohen, Regional Director;  special agents of the DOL Office of the Inspector General (OIG) under  the supervision of Special Agent in Charge Michael Mikulka; and the  agents of the Port Authority of New York/New Jersey, under the  supervision of Inspector General Michael Nestor, with the  investigation leading to today’s indictment.
The government  is represented by Senior Litigation Counsel V. Grady O’Malley of the  U.S. Attorney’s Offices’ Organized Crime/Gangs Unit.
The charges and  allegations in the indictment are merely accusations, and the defendant  is presumed innocent unless and until proven guilty.
19-290 Defense counsel: Peter W. Till Esq., Springfield Township, New Jersey       https://www.jerseyshoreonline.com/southern-ocean/former-union-manager-from-ocean-county-indicted-on-fraud-charges/

"The government  is represented by Senior Litigation Counsel V. Grady O’Malley of the  U.S. Attorney’s Offices’ Organized Crime/Gangs Unit"

THIS IS THE SAME PERSON INVESTIGATING SPENCER AND CAPELLI...

HEY DAVE STEWART.WE HAVE NOT FORGOTTEN ABOUT YOU.AND YES DAVE YOU BET YOU ASS I AM GETTING A KICK OUT OF THIS...
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Re: GEORGE LAUFENBERG INDICTED.ARE SPENCER AND CAPELLI NEXT

labor omnia vincit
Oh Douggy I smell your retirement coming soon. No Hillary Clinton or Diane Feinstein to save you Oh Douggy lover of bribery embezzeler of the funds the party is almost over. McGorty when do you stop pretending that you have no idea whats happening? Theses are the people who are telling us to work harder for less so they can steal more. Man up NYC Carpenters call McGorty and ask him why in a city full of financial professionals they allowed Dave Stewart to control 5 billion of our money after being ripped off by Madoff upstate? Thats your retirement going bye bye into their pockets. What will you do. Demand accountability? Or believe the LIES?
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Re: GEORGE LAUFENBERG INDICTED.ARE SPENCER AND CAPELLI NEXT

george
they need to dig down deep,for all the retires and our members worked for,we deserve accountabilty,answers,and every aveune of investigations should start,too many members,and especially retires have paid high deductables,they need to lower the deductables,the retires should get a 100.00 raise in there pension,why not,the business agents get raises,the members get slammed with a 35 percent reduction in pay and benefits,and on top of that mccarron and the top brass are making a million dollars a year on our hard earned money,they need to bring in a whole new slate that will will work in the unions best interests,the people in there are out for themselves,that is no way to run a organization,ita democracy,not a damn dictatorship,its our hard earned money,not the clowns running the organization,if they cannot run the union right,get them removed,its overdue,it needs to get done fast.
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Re: GEORGE LAUFENBERG INDICTED.ARE SPENCER AND CAPELLI NEXT

Asses up Faces down
New leaders shuffle in and it's always the same story. Time to lawyer up and take it ass up face down. Let his ass bleed with legal bills, fees and court time. Asses up face down