Mark Winfield Tracy, 65, formally of Reno, Nevada but currently of Ocala, Florida, pleaded guilty to embezzling some $125,000 from Teamsters Union, Local 533, where he had served as a treasurer. According to authorities, Tracy made unauthorized charges on union credit card accounts for personal expenses. The scheme allegedly spanned more than three years, from February 2006 to April 2009. Tracy was originally indicted last March on four felony counts including embezzlement and falsifying financial reports, but plead guilty to just the embezzlement charge in a plea agreement. He is scheduled to be sentenced on March 7, 2011.Read the story here and here.
Update (12/29/10): Tracy pleaded guilty to charges he embezzled $125,000 from teh Teamsters Union, Local 533 by misusing two union credit card accounts. He is due to be sentenced next March.
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