Former Teamster Union Secretary/Treasurer Pleads Guilty to Embezzling Union Funds
Reno, Nev. – A former secretary and treasurer of the Teamsters Union, Local 533, has pleaded guilty to embezzling monies from the union during 2006 to 2009, announced Daniel G. Bogden, United States Attorney for the District of Nevada.
Mark Winfield Tracy, 65, formerly of Reno, and currently of Ocala, Florida, pleaded guilty on Monday, December 6, 2010, to embezzlement of labor union assets, a federal felony offense. The government alleges that Tracy embezzled approximately $125,000 from the union, but the amount is disputed by the parties and a final determination of the loss will be made by the judge at sentencing. Tracy faces up to five years in prison and a $250,000 fine, and is scheduled to be sentenced in Reno on March 7, 2011, at 1:30 p.m.
During 2006 to 2009, Tracy was employed as the Secretary/Treasurer by Teamsters Local 533 in Reno and was subject to the federal Labor-Management Reporting and Disclosure Act of 1959. During that period, Tracy knowingly and fraudulently used union funds to pay for unauthorized personal expenses, which he charged on two union credit cards. Tracy also caused false reports to be filed about the unauthorized disbursements, and fabricated union credit card account statements and receipts to falsify supporting documentation for his unauthorized credit card use.
Tracy is released on a personal recognizance bond pending sentencing.
The investigation is being conducted by the U.S. Department of Labor Office of Labor- Management Standards and the case is being prosecuted by Assistant U.S. Attorney Ronald C. Rachow.