Wednesday, January 27, 2021

FCA conspired to make illegal payments to UAW officers equivalent to $3.5 million in the form of golf, meals, parties and other things from 2009 to 2016.

Fiat Chrysler Automobiles, known as Stellantis since the company's merger with Peugeot-maker PSA Group, will plead guilty in the federal corruption probe that has led to convictions against 15 people, including former UAW and FCA officials, and pay a $30 million fine.

The UAW already paid $15 million to the training centers for improper chargebacks and was to pay $1.5 million to the IRS for administrative fees.

Fifteen people, including two former UAW presidents, Gary Jones and Dennis Williams, were charged in the probe. Jones resigned his post in disgrace, and both await sentencing. Charges were not limited to union officials, however. Alphons Iacobelli, the one-time lead labor negotiator for FCA, recently had his 66-month sentence in the case reduced to 48 months because he, like others, cooperated.

 Iacobelli was a key early figure, who, authorities said, used training funds to pay for a Ferrari, jewel-encrusted pens and home improvements.

https://www.freep.com/story/money/cars/chrysler/2021/01/27/fiat-chrysler-stellantis-guilty-plea/4276049001/


the rich get richer, commit illegal acts, and screw the blue collar workers. Gee, that was easy to foretell, even a circus sideshow fortune teller said "no duh"

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