3 Indicted for Stealing From N.J. Fund
NEWARK, N.J. (AP) _ Two union officials and a building contractor were indicted on charges of stealing more than $350,000 from a union welfare fund.
The embezzlement from Local 148 the International Novelty Workers Union in Jersey City was conducted from 1992 to 2001 by the fund administrator and one-time president, Joseph Nardone Jr., and contractor Stanley Rothman, Monday’s indictment said.
As part of the scheme, Nardone had the union pay $1,300 a month for a no-show job to a third man, Peter Hasho, president of a New York local of the International Brotherhood of Trade Unions.
All three were arrested Monday and released on $50,000 bond. The charges carry up to five years in prison and a $250,000 fine.
Lawyers for Rothman and Nardone said their clients were innocent. No lawyer or listing for Hasho was available.