Not guilty plea entered for former Fiat Chrysler executive


Save Story
Leer en español

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

DETROIT (AP) — A federal judge has entered a not guilty plea for a former Fiat Chrysler executive facing conspiracy and tax charges alleging a multiyear scheme to reward a late union official and his wife with first-class travel, designer clothing and jewelry.

Al Iacobelli of Rochester Hills also is charged with making illegal payments to a union official.

The Detroit News reports that following his initial hearing Tuesday, Iacobelli surrendered his passport as a condition of his $10,000 unsecured bond. He declined to comment to reporters.

The government alleges Iacobelli took $1.2 million from a training center for workers in an alleged conspiracy involving United Auto Workers vice president General Holiefield and Holiefield's wife, Monica Morgan. Holiefield died in 2015. His wife was released on $10,000 unsecured bond following her arraignment Monday.

___

Information from: The Detroit News, http://detnews.com/

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

Business
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast