December 13, 2010: A former secretary-treasurer for a local Teamsters Union has pleaded guilty to embezzling union funds over a three-year period, the U.S. Attorney's office said Friday.
Mark Winfield Tracy, 65, faces up to five years in prison and a $250,000 fine when he is sentenced March 7, spokeswoman Natalie Collins said in a statement.
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TDU will hold a national zoom call on Saturday, Aug. 14 for Teamsters who are volunteering to elect the O’Brien-Zuckerman Teamsters United Slate. Join candidates, campaign coordinators and Teamster activists for an update and to make plans to Get Out the Vote and win this fall. Click here to register.
The assets of the Central States Pension Fund fell to $9.8 billion at the end of March, a drop of $573 million in the first quarter. The fund projects forward that it will pay $2.83 billion in pension benefits this year, while taking in $651 million in employer contributions.
