Former UAW President Pleads Guilty to Embezzlement and Racketeering as Corruption Probe Continues

John Bromels, The Motley Fool
Former UAW President Pleads Guilty to Embezzlement and Racketeering as Corruption Probe Continues

Former United Auto Workers president Gary Jones pleaded guilty in federal court on Wednesday to embezzlement of union funds and racketeering. The plea was the latest development in a yearslong investigation into corruption among members of UAW leadership and executives at Fiat Chrysler (NYSE: FCAU).