Stole Millions from Union Workers — Show over — move along
Have you heard about the union boss who stole $42 million from workers’ dues money? The New York Times reports:
A complaint filed in United States District Court in Manhattan said that since 2002 the woman, Melissa G. King of Irvington, N.Y., had transferred $42 million from three union funds to bank accounts she controlled.
The complaint says that much of the money went toward expenses that appeared to be unrelated to union business, including $7.2 million to American Express, more than $3 million to equestrian businesses and $713,500 to a jewelry business.
Ms. King transferred $500,000 of the money to an E*Trade Securities account, though she was not authorized to invest union money, the complaint says.