Former FCA analyst Durden pleads guilty to conspiracy

on Aug9

Former Fiat Chrysler financial analyst Jerome Durden leaves the federal courthouse in Detroit after his arraignment last week. Photo credit: KATIE BUDA

ANN ARBOR, Mich. — One of two Fiat Chrysler officials so far charged in a conspiracy to embezzle millions from a joint FCA-UAW training fund pleaded guilty this morning in U.S. District Court.

Jerome Durden, 61, pleaded guilty to one count of conspiracy to defraud the U.S. government, a felony, and one misdemeanor charge of failing to file a tax return for the approximately $4,000 he received in 2013 under the conspiracy.

Durden, who was a financial analyst at FCA, is expected to cooperate with prosecutors as they build their case against other conspirators, including Alfons Iacobelli, FCA’s former head of labor relations, and Monica Morgan, the wife of the late General Holiefield, former head of the UAW’s Chrysler department.

Iacobelli and Holiefield are alleged by the government to have embezzled millions from the FCA-UAW Joint Training Center in 2009-14. Durden faces a maximum of 37 months in federal prison when he is sentenced at 9:30 a.m. Dec. 12 in U.S. District Court here. He remains free on bond pending sentencing and completion of a pre-sentence report by the court’s probation department.

Durden entered his guilty plea on Tuesday morning before U.S. District Judge John Corbett O’Meara.

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