|
|
|
|
|
Release Date: 05/04/1998 Release Number:
USDL:III-98-05-04-082PHL Contact Name:GLORIA DELLA Phone Number:
202.219.8921 |
|
|
|
A federal district court in Philadelphia ordered the trustee of
the Dr. Lawrence Manin Profit Sharing Plan, located in Cherry Hill, N.J., to
make $24,093 in restitution, sentenced him to12 months and one day in prison in
prison, and placed him on probation. |
|
Judge Jan Dubios sentenced Dr. Lawrence Manin on April 28 in
Federal District Court for the Eastern District of Pennsylvania. Last July,
Manin was convicted after being indicted on one count of embezzling money from
the companys pension plan. |
|
Manin was the sole trustee of the plan covering six participants.
The plan is governed by the federal pension law, the Employee Retirement Income
Security Act, which is administered by the U.S. Labor Departments Pension
and Welfare Benefits Administration (PWBA). |
|
The case was investigated by the Philadelphia Regional Office of
PWBA and was prosecuted by the U.S. Attorneys Office in Philadelphia,
Pa. |
|
U.S. Department of
Labor news releases are accessible on the Internet. The information in this
news release will be made available in alternate format upon request (large
print, Braille, audio tape or disc) from the Central Office for Assistive
Services and Technology. Please specify which news release when placing your
request. Call 202.693.7773 or TTY 202.693.7755. |
|
|
| |
|