Melissa King, Who Lived Like A Queen, Admits Stealing $42 Million From Sandhogs’ Union

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Irvington woman admits stealing millions from Sandhogs Union
JAMES O’ROURKE | LoHud.com
October 21, 2011

NEW YORK — An Irvington woman on Friday admitted to stealing millions of dollars from local union members tasked with digging New York’s subways, bridge foundations and other vital — and dangerous — underground construction projects.

Melissa G. King, 60, pleaded guilty in Manhattan federal court to one count of theft and embezzlement and one count of filing false tax returns, according to Preet Bharara, U.S. Attorney for the Southern District of New York.

King had been arrested on Nov. 30, 2009, and charged with embezzling more than $42 million from the employee benefit plans her company, King Care LLC, administered on behalf of the Local 147, or Sandhogs, Union between 2002 and 2008, according to Bharara.

King used the money, which came directly from retirement accounts and other benefits belonging to Sandhog Union members, to finance a lavish lifestyle that included paying off a $900,000 mortgage, spending nearly $1 million on antique jewelry and spending $5.5 million caring for horses ridden by her daughter.

Read more @ LoHud.com.

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