Union Manager Admits To Embezzlement

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  WALL – The former administrative manager of a carpenters’ union pension fund admitted to embezzling approximately $140,000, police said.

  Police said George R. Laufenberg, 72, of Wall, paid himself from the Northeast Carpenters Pension Fund money that he wasn’t allowed, and that he made false statements to the U.S. Department of Labor. Each of these crimes faces a penalty of up to five years in prison and a fine of $250,000.

  The investigators include special agents of the DOL Employee Benefit Security Administration, under the supervision of Thomas Licetti, Regional Director; special agents of the DOL Office of the Inspector General, under the supervision of Special Agent in Charge Jonathan Mellone; and agents of the Port Authority of New York/New Jersey, under the supervision of Inspector General John Gay.