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.”
-
Local businesses and apps step up to help Hoosiers affected by SNAP delays
From local restaurants to national apps, many companies are stepping in to help people who may not receive their SNAP benefits this month.
Hoosier veteran publishes first book at 85, about wartime experiences
At an age when many people have settled into retirement, 85-year-old Brice Tressler is just getting started on a new chapter, literally.
Plainfield restaurants step up to feed families losing SNAP benefits
Two Plainfield restaurants are stepping up to make sure families don’t go hungry after losing their SNAP benefits.
The Colts QB believes it's a blip, not an omen
Three picks. Two fumbles. Shaky decision-making. All the bad habits that Jones seemed to have left in New York resurfaced in a performance the AFC South-leading Colts believe is a one-off.
