Tag Archives: embezzlement

“Guilty, Your Honor”

UAW’s Gary Jones admits to racketeering and embezzlement, joins 14 others Gary Jones, former president of the United Auto Workers, confessed to racketeering and embezzlement charges Wednesday as part of a federal probe investigating corruption between the longstanding Detroit-based union and Fiat Chrysler. The union, officially known now as the United Automobile, Aerospace and Agricultural […]

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ABB: A Bad Break

ABB uncovers criminal activity in its South Korea subsidiary ABB has uncovered a “sophisticated criminal scheme”, related to a significant embezzlement and misappropriation of funds in its South Korean subsidiary ABB Korea, the company reported February 22. The amount isĀ estimated to be around 100 million dollars. The man responsible for the scheme is reportedly Oh […]

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