INDIANAPOLIS — A McCordsville man has been found guilty of embezzling $91,000 from an Indianapolis industrial union.
Matthew Archer, 56, of McCordsville was convicted of wire fraud.
Now Archer is expected to pay back more than $82,000.
According to court documents, from 2006 to December of 2019, Matthew Archer served as the treasurer for an industrial union (the Union) located in Indianapolis, Indiana. As part of his employment, Archer was responsible for maintaining the Union’s bank accounts and records.
According to court docs, between 2013-19, Archer illegally transferred funds from the Union’s bank account into his personal account on multiple occasions. He also did so to pay his personal car loan.
Archer was alleged to have submitted fraudulent Labot Organization Annual Reports to the Department of Labor. On these forms, Archer falsely reported the Union’s assets and overstated how much money was in its bank account.
To conceal his scheme, Archer created fraudulent bank statements that overstated how much money was in the Union’s accounts and forged the signatures of the Union’s auditors on internal reports.
In total, Archer embezzled $91,951.86 from the Union.
“For years, this defendant lied and abused his position of trust to line his own pockets at the expense of the union and members he was supposed to serve,” said Zachary A. Myers, United States Attorney for the Southern District of Indiana. “This prosecution demonstrates that the Department of Labor and the U.S. Attorney’s Office are watching, and those who embezzle funds will be held accountable.”
“Safeguarding financial integrity and combating fraud in labor unions is a high priority for the U.S. Department of Labor,” said Megan Ireland, District Director, U.S. Department of Labor, Office of Labor-Management Standards. “Most union officials do their work with great care, but Matthew Archer betrayed the trust placed in him by the Laborers’ International Union of North America (LIUNA) and embezzled over $91,000 from LIUNA Local 1325, at the expense of LIUNA and its members. OLMS continuously works to identify criminal violations and pursue legal action when individuals unlawfully exploit their union positions without regard to the best interests of the union and its members.”
-
Water systems send letters to customers about lead service lines
Water systems across Indiana are notifying homeowners they may have potentially dangerous water pipes on their property.
Dominated by Ohio State for years, Indiana has a chance for the big payback
No. 2 Ohio State will have its hands full against a surprising Indiana team that is undefeated and No. 5 in the rankings.
Anthony Richardson is out to prove himself again when Colts and Lions square off
Anthony Richardson wants his doubters to know one thing: Last week's performance was no fluke. All he has to do Sunday is prove it.
Caitlin Clark to join Cincinnati bid for National Women's Soccer League team
Major League Soccer's FC Cincinnati is trying to bring a women's pro team to the city. The club says Clark has joined in the effort.
