Wednesday, September 1, 2010

Glass Workers Treasurer Pleads Guilty to Theft in Northern District of California

The National Legal and Policy Center has been following the story of Curtis Iwatsubo, the former financial secretary-treasurer of Glass, Molders, Pottery, Plastics and Allied Workers International Union Local 52.  In April, Mr. Iwatsubo was accused of using the Union's ATM card to withdraw over $48,000 which he kept. According to NLPC:
As financial secretary, Iwatsubo, 35, a resident of Santa Clara, was responsible for depositing dues money deducted from member paychecks and signing checks from the local account. Prosecutors allege that during January-November 2005 he used his position to make more than 80 unauthorized ATM debit card cash withdrawals to cover personal expenses, triggering more than $47,000 in cash and service fee deductions from the local checking account. Additionally, he used the card to make an unauthorized $800 payment to an American Express credit card issued solely for Owens-Corning business. The charges follow a probe by the Labor Department's Office of Labor-Management Standards.
In May he plead guilty to theft.

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