The Washington Post, September 11, 1992
Copyright 1992 The Washington Post
The Washington Post
September 11, 1992, Friday,
Capital Edition
SECTION: FIRST SECTION; PAGE
A18; AROUND THE NATION
LENGTH: 147 words
HEADLINE: 5 Indicted in
Pension Fraud Case
SERIES: Occasional
BYLINE: From news services
DATELINE: NEW YORK
BODY:
Five men, including two alleged associates of the Genovese crime family,
were arrested in what prosecutors called one of the biggest pension
fraud cases ever brought in the United States.
The Manhattan U.S. attorney's office said the men were indicted on
racketeering charges for a series of crimes that caused the
Mason
Tenders District Council's pension fund to lose $ 19 million. The
council is a labor organization governing 10 local unions affiliated
with the Laborer's International Union of North America.
Among those named in the indictments were Ron Miceli, 40, and Charles
Trentacosta, 32, alleged to be associates of the Genovese family and
Frank Lupo, 45, president of the
Mason Tenders District Council.
The indictments allege the men turned the council into a racketeering
enterprise and used it to embezzle money from the union's $ 200 million
pension fund.