Paul S. Peters, II, 31, of Dundalk, Maryland and Brian Armentrout, 32, of Baltimore, Maryland, president and secretary, respectively of the Waterfront Guard Association Local 1852, I.W.A., were indicted for embezzling more than $300,000 from the union. According to the complaint, between January 2002 and September 2005, "Peters and Armentrout embezzled funds from the union’s pension and welfare plans, as well as from the union operating account, and used the union money for personal expenses and purchases." Peters reportedly transferred fund from the pension and welfare plans to the operating account and Armentrout allegedly make cash withdrawals which were then deposited into their own personal accounts. Peters is facing seven counts of embezzlement from a labor union, six counts of embezzlement from an employee benefit plan, and conspiracy. Armentrout is facing four counts of embezzlement from a labor union and conspiracy.
Read the story here and here.
Read the DOJ announcement here.
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