Feds arrested the former secretary treasurer of Longshoremen’s Local 1233 for allegedly stealing more than $100,000 in union funds for his personal use, according to U.S. Attorney Paul J. Fishman.
Gregory “Ronnie” Taylor, 56, of Edison, was taken into custody this morning at his residence by special agents of the Department of Labor and detectives of the Waterfront Commission of New York Harbor on a criminal Complaint charging him with one count of embezzlement.
Taylor is scheduled to appear before U.S. Magistrate Judge Michael A. Shipp this afternoon in Newark federal court.
From January 2005 until his termination in May 2010, Taylor served as the secretary treasurer and chief financial officer of Local 1233 of the International Longshoremen’s Association.
Fishman said during that time he embezzled over $100,000 in union funds for personal purposes, authorizing the issuance of $62,700 in unauthorized salary payments to himself; $13,650 in improper “petty cash” disbursements; and approximately $25,000 in credit and debit card disbursements for personal expenses – including travel, restaurants, airport fees and car rentals. Taylor allegedly traveled to Colombia, South America and the Ivory Coast of Africa at the union’s expense.
He also allegedly improperly took hundreds of gift cards – purchased for distribution to his members during the Thanksgiving holidays – which were redeemed at ShopRite stores near his residence using his personal ShopRite Price Plus Card.
Fishman said that if convicted of the embezzlement charge, Taylor faces a maximum potential penalty of five years in prison and a $250,000 fine or twice the gross gain or loss from the offense.