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Woman Stole $42 Million From Union, Spent It On Horses

Woman Stole $42 Million From Union, Spent It On Horses

An administrator for the sandhog's union has been accused of heisting $42 million from the labor group — and spending a chunk of the cash on high-end horses, according to the Times. Melissa King, 58, is facing charges for allegedly exploiting her role overseeing benefits funds for the tunnel borers and using their money to pay for her lavish lifestyle and her youngest daughter's equestrian pursuits. more ›

Woman Charged With Embezzling MIllions From Sandhogs

Woman Charged With Embezzling MIllions From Sandhogs

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. more ›

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