Former Fiat Chrysler VP Pleads Guilty In U.S. Union Corruption Probe

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Former Fiat Chrysler Automobiles NV vice president Alphons Iacobelli pleaded guilty on Monday in connection with a U.S. investigation into allegations he made at least $1.5 million in improper payments to senior union officials, the U.S. attorney’s office in Detroit said. Iacobelli, 58, a former Fiat Chrysler vice president of employee relations, was charged in July in U.S. District Court in Detroit with taking part in a conspiracy to pay prohibited money and gifts to United Auto Workers union officials. Sentencing was set for May 29. Iacobelli faces a statutory maximum of eight years in prison, and prosecutors said he will be required to repay $835,000. 

Ex-Fiat Chrysler exec pleads guilty in union payoff scheme

Via www.startribune.com
 

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