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IUPAT Minnesota: Drywall company owner pleads guilty to misapproriating funds

2011-01-06 13:03:56

ST. PAUL, Minn. -- The owner and president of Franklin Drywall, a union sheet-rocking company based in Little Canada, pleaded guilty Tuesday in St. Paul Federal Court to one count of providing a false statement to two labor union pension and benefit funds in connection to a scheme to underpay employees for overtime and to underpay the union funds for pension and benefit contributions required by collective bargaining agreements.

Philip Joseph Franklin, 48 of Leesburg, Va., admitted to filing false reports to Minnesota Carpenters Pension and Benefit Funds and the [International Union of]Painters and Allied Trades District Council No. 82 Pension and Benefit Funds. Franklin was indicted on May 11, 2010.

Read more at KARE 11.com.

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