Former Official Admits to Stealing $70K from Newark Local
Taylor admits to embezzling funds while serving as secretary of longshoremen's union
An Edison man admitted Wednesday to embezzling $71,000 from Local 1233 of the International Longshoremen’s Association in Newark, U.S. Attorney Paul J. Fishman announced.
Gregory Taylor, 57, a former union official, admitted he issued a vacation check for $7,852 to himself without authorization. Taylor also admitted to embezzling an additional $63,148 in union funds while he was in control of the its finances. Taylor entered his guilty plea before U.S. District Judge Joel A. Pisano in Trenton federal court.
Taylor admitted he had been removed from his elected position as secretary-treasurer in April 2010, yet continued to write himself checks, including a $7,852 vacation check to which he was not entitled. Taylor admitted that between 2007 and 2010, while secretary-treasurer, he embezzled a total of $71,000 by improperly cashing duplicate paychecks, as well as other checks from the union’s operating account, including for unauthorized credit card expenditures.
Taylor faces up to five years in prison and a $250,000 fine when he’s sentenced in May.