New York IATSE Boss Indicted; DOL Sues Benefits Trustees

iatse-logo_0For more than seven years, John McNamee, Jr. avoided getting caught. Then reality caught up. On February 15, McNamee, formerly president and secretary-treasurer of Stage and Picture Operators Local 829, an affiliate of the International Alliance of Theatrical Stage Employees (IATSE), was indicted in Manhattan federal court on charges of embezzling nearly a quarter-million dollars from the New York City union and filing false financial reports. The following day, on February 16, he was arrested and arraigned. The union is also on the hot seat in a much more expensive way. On March 14, the U.S. Department of Labor (DOL) filed suit against the trustees of the local pension plan, alleging they had conducted more than $3 million worth of illegal transactions since 2006 and had failed to perform due diligence in managing another $11 million in assets.

Stage and Picture Operators Local 829 represents exhibition employees for New York … Read More ➡