Ex-Fiat Chrysler executive charged in union official payoff
DETROIT — A former Fiat Chrysler executive was charged Wednesday with looting a training centre for blue-collar workers by giving $1.2 million through a variety of ways to a UAW leader, his wife and other senior union officials.
Al Iacobelli was indicted in an alleged conspiracy involving United Auto Workers vice-president General Holiefield and Holiefield’s wife, Monica Morgan. Holiefield died in 2015.
The indictment describes a multiyear scheme to reward Holiefield and Morgan with first-class travel, designer clothing and jewelry. A $262,000 mortgage on their home in suburban Detroit was paid off, according to the grand jury.
Iacobelli treated himself to more than $350,000 for a Ferrari, the government alleged.