Elizabeth Warren’s Accountable Capitalism Act is an ‘Invitation to Corruption’

The Left may have shifted their main focus from class to race, but they haven’t forgotten about their original mission of taming capitalism. Sen. Elizabeth Warren, D-Mass., certainly hasn’t. On August 15, Senator Warren introduced a bill, the Accountable Capitalism Act, to rein in companies that are “making the rich even richer.” Among its features, the measure would force corporations with annual revenues of at least $1 billion to obtain a federal charter and mandate that at least 40 percent of the board members of such companies be chosen by employees. Warren assures skeptics that she believes in markets. Yet even if her profession is genuine, her proposal is a recipe for undermining them.

Not that long ago, Elizabeth Warren, now 69, taught contracts and bankruptcies at Harvard Law School. The author or co-author of nearly a dozen books, Warren evolved into a Real Fighter, an advocate for beleaguered families … Read More ➡

IUPAT Treasurer in Philadelphia Sentenced for Embezzlement

On August 15, Carl DeRenzis, former treasurer of International Union of Painters and Allied Trades Local 1955, was sentenced in U.S. District Court for the Eastern District of Pennsylvania to three years of probation, with the first six months to be served in a halfway house, and 50 hours of community service for embezzling funds from the Philadelphia-based union. He also was ordered to pay $15,701 in restitution and a $100 special assessment, having already paid restitution in the sum of $37,580. DeRenzis had pleaded guilty last October to stealing $53,281. The actions follow an investigation by the Labor Department’s Office of Labor-Management Standards.… Read More ➡

AFSCME Office Employee in Denver Area Pleads Guilty; Sentenced

On August 9, Natalie Przybylski, former office staff employee for American Federation of State, County and Municipal Employees Council 76, pleaded guilty in U.S. District Court for the District of Colorado to one count of making false statements in the financial records of the Englewood, Colo.-based council after having been charged three days earlier. She then was sentenced to one year of supervised probation and ordered to pay $321 in restitution and a $25 assessment. She previously had paid restitution in the amount of $17,620. The actions follow a probe by the U.S. Labor Department’s Office of Labor-Management Standards.… Read More ➡

Sheet Metal Workers Bookkeeper in Oklahoma Charged with Theft

On July 23, Deborah Hand, former bookkeeper for International Association of Sheet Metal, Air, Rail and Transportation Workers (SMART) Local 270, was charged in an information in U.S. District Court for the Northern District of Oklahoma with embezzling $44,808 in funds from the Tulsa union. The charge follows an investigation by the U.S. Secret Service and the U.S. Labor Department’s Office of Labor-Management Standards.… Read More ➡

Northwest Indiana Ironworkers Indicted for Violent Assaults

On the Indiana side of the Chicago area, showing up for work could get pretty dangerous for nonunion contractors and workers. At least two sources of that danger, for now, are out of commission. On August 16, Thomas Williamson and Jeffrey Veach, respectively, a member and the business agent/president of the Portage, Ind.-based Ironworkers Local 395, were charged in U.S. District Court for the Northern District of Indiana after being arrested for extortion under the Hobbs Act related to an attack in January 2016 at a construction site in Dyer, Ind. The defendants, already facing a civil suit, pleaded not guilty and were released on bond. The actions follow an investigation by the FBI, the U.S. Labor Department’s Office of Inspector General and the Dyer Police Department.

Violence by union workers against nonunion workers is hardly a “thing of the past.” It still happens, and with union officials spinning inventive … Read More ➡

Amtrak Police Union Officer Sentenced for Wire Fraud

On July 25, Rocky DeFilippo, former delegate of Fraternal Order of Police Lodge 189, was sentenced in U.S. District Court for the Southern District of New York to three months of home confinement and two years of probation, and was ordered to pay a $1,500 fine and a $300 special assessment, for acts of wire fraud against the Metuchen, N.J.-based union. DeFilippo had been convicted by a jury this March of one count of each of wire fraud, wire fraud conspiracy and making false statements. He had been charged in May 2017 following a joint investigation by the U.S. Labor Department’s Office of Labor-Management Standards and the Amtrak Police Department.… Read More ➡

Missouri AFGE Local Secretary Charged; Pleads Guilty

On July 23, Victoria Sharp, ex-office secretary for American Federation of Government Employees Local 903, was charged in U.S. District Court for the Western District of Missouri with one count of bank fraud in the amount of $18,531 against the Columbia, Mo. union, which represents employees at the area VA Hospital. She then pleaded guilty. According to prosecutors, Sharp, now 34, a resident of Boonville, Mo., forged paychecks during October 2014-November 2016. During that period, in March 2016, someone had broken into a union file cabinet and discovered evidence that would link Ms. Sharp to the forgeries. The actions follow an investigation by the Labor Department’s Office of Labor-Management Standards.… Read More ➡

Ohio Steelworkers Secretary Sentenced for Embezzlement

On July 18, Ronald Coldren, former financial secretary of United Steelworkers Local 207, was sentenced in U.S. District Court for the Northern District of Ohio to two years of probation for embezzling $30,639 from the Findlay-based union. Coldren had pleaded guilty this March after being indicted last November. The actions follow an investigation by the U.S. Labor Department’s Office of Labor-Management Standards.… Read More ➡

IATSE Vice President, Business Agent in SE Virginia Plead Guilty to Fraud

On July 17, Dennis Nicely, former vice president for International Alliance of Theatrical Stage Employees Local 264, pleaded guilty in U.S. District Court for the Eastern District of Virginia to one count of conspiracy to commit wire fraud and embezzlement in the sum of $57,310 from the Hampton, Va. union. His wife, former Local 264 business agent Dorian Nicely, pleaded guilty to the same offense that day. Each had been charged in June following a probe by the U.S. Labor Department’s Office of Labor-Management Standards and Office of Inspector General.… Read More ➡

SMART Secretary-Treasurer in Washington State Pleads Guilty to Embezzlement, Concealment

On July 13, Gregory Normand, former secretary-treasurer of International Association of Sheet Metal, Air, Rail and Transportation Workers (SMART) Local 324, pleaded guilty in U.S. District Court for the Western District of Washington to one count of embezzling over $248,000 in funds from the Marysville (near Everett) union and two counts of making false statements in union financial records to conceal the thefts. He had been indicted last October on one count of embezzling about $443,000. The actions follow a probe by the U.S. Labor Department’s Office of Labor-Management Standards.

 … Read More ➡