Tuesday, October 4, 2011

Questions About Union Picnic Prize Fund

On August 28th, 2011 ATU757 had our annual picnic. Over $20,000.00 in gift items had been purchased from Costco to give as prizes. Costco has confirmed that ATU757 does not have a membership to buy items at their store. The prizes had been bought using a Costco card under the company name of Hunt Court Yard. 

Questions:

1.       How come ATU757 does not have a Costco Card and why wasn’t it used to increase possible prize items?

2.       What type of membership does Hunt Court Yard have and was any funds converted due to these items bought?

3.       Is this a violation of Labor-Management Reporting and Disclosure Act of 1959?





Labor-Management Reporting and Disclosure Act of 1959, As Amended



TITLE V-SAFEGUARDS FOR LABOR ORGANIZATIONS

Fiduciary Responsibility of Officers of Labor Organizations

(29 U.S.C. 501)

SEC. 501. (c) Any person who embezzles, steals, or unlawfully and willfully abstracts or converts to his own use, or the use of another, any of the moneys, funds, securities, property, or other assets of a labor organization of which he is an officer, or by which he is employed, directly or indirectly, shall be fined not more than $10,000 or imprisoned for not more than five years, or both.

No comments: