Portsmouth couple sentenced for embezzling union funds — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
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Portsmouth couple sentenced for embezzling union funds

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in Employment Law,Human Resources

A union official will have 366 days to contemplate her actions after being convicted of embezzling from Portsmouth’s Carpenters Union Local 437.

The woman worked as the union’s secretary. She was found guilty of writing $34,904 in checks payable to herself and her husband between March and October 2010.

The secretary tried to cover her tracks by fabricating emails showing the union’s president approved her actions.

Other union officials were tipped off to the scheme when the secretary attempted to transfer $50,000 from the union’s savings account into its building fund account before writing herself an unauthorized $50,000 check.

The union froze those funds before the check could be cashed.

In addition to a sentence of one year and one day in federal prison, the woman must pay back the embezzled funds to the union. Her husband received five years of probation for his part in the scheme.

Note: Always keep two sets of eyes on the books. Requiring two signatures on checks paid to contractors can often prevent common types of fraud.

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