Nevada Teamsters Local Treasurer Pleads Guilty to Embezzlement

Trucks rolling down the highwayMark Tracy had two union credit cards. He’s no doubt wishing he was more prudent in the way he used them. Tracy, formerly secretary-treasurer of International Brotherhood of Teamsters Local 533, pleaded guilty on December 6 in U.S. District Court for the District of Nevada to embezzling about $125,000 in union funds over a three-year period. He faces up to five years in prison and a $250,000 fine.

Tracy, now 65, formerly a resident of Reno and now living in Ocala, Florida, had been employed by the Reno-based Local 533 during 2006-09. During this period, alleged federal prosecutors, he used two union-issued credit cards to make unauthorized purchases. Additionally, he concealed his thefts by entering false information on Department of Labor financial reporting forms. Though the alleged total of thefts was $125,000, Tracy has disputed this figure; a final determination will be made at sentencing on March 7. The guilty plea follows a probe by DOL’s Office of Labor-Management Standards.