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Woman Charged With Embezzling MIllions From Sandhogs

2009_12_sandhog.jpg Melissa King, who handled management of the Sandhogs union's benefits plan, was charged with embezzling $42 million from those plans! According to the NY Times, federal prosecutors say King, who was paid $540,000/year, funneled the money into accounts she controlled and the money "went toward expenses that appeared to be unrelated to union business, including $7.2 million to American Express, more than $3 million to equestrian businesses and $713,500 to a jewelry business." That equestrian business was to support her teen daughter, a junior champion horse jumper. The Sandhogs are the workers who are building the Third Water Tunnel and are involved in other infrastructure project. King was charged with theft and money laundering; she's out on $10 million bail.

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Comments [rss]

  • carbomb

    all that dough, DOWN THE DRAIN. Well, tough on those idiots.

  • books

    she was making 500K a year?! no wonder taxes are so high. unless she goes to jail for 30 yrs it was probably worth it for her.

  • TT

    that was an interesting reality show they had.

  • Tower18

    Irony...how much of that $10 million bail is the sandhog money.

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