Fiat-Chrysler’s former labor chief, Alphons Iacobelli, has been indicted by a grand jury after he allegedly diverted funds to line the pockets of UAW officers, employees and himself.
The indictment is even more interesting after Fiat-Chrysler Authority reports Iacobelli’s last known position was with General Motors. Iacobelli’s last position of record is executive director of labor relations for GM as of January 2016. However, it’s unclear if he is still with GM, or if he has since left.
Iacobelli is charged with criminal violations of the Labor Management Relations Act after he allegedly played a significant part in making illegal payments to now-deceased UAW VP General Holiefield, his wife Monica Morgan, and others from 2009 to 2014.
However, he also used the prohibited payments for his own benefit as well; a swimming pool, a Ferrari 458 Spider, home improvement projects, and the lease of a private jet are among some of Iacobelli’s pleasures he indulged in with the money.
FCA and the UAW have not commented on the indictment, but Manny Muriel, Special Agent in Charge of the Detroit Office of the Internal Revenue Service said, “Today’s indictment alleges an outrageous abuse of power and misuse of this Chrysler executive’s position of trust. The diverted funds from the [National Training Center] could have and should have been used to benefit Chrysler employees.”
GM has not commented on the status of Iacobelli as of this report.