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The Culvert Lockbox: How a Union Fund Vanished into Thin Air
The Culvert Lockbox: How a Union Fund Vanished into Thin Air
A twenty-two-dollar lockbox zip-tied inside a drainage culvert held two complete but conflicting ledger sets: one showing nearly $4,000,000 in a union pension fund, the other less than $900,000. Who hid seven months of evidence in a culvert instead of giving it to authorities, and what did they expect would happen to the proof?
In this episode, we walk through the discovery, the people tied to the fund, and the choices that left forty-seven workers drawing on a near-empty pension - and ask how a meticulously falsified record could…
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