Alphons Iacobelli, the former Fiat Chrysler Automobiles NV vice president who bought a Ferrari, bejeweled pens and a backyard pool with money siphoned during a conspiracy involving the automaker and the United Auto Workers, received a prison break Monday.
U.S. District Judge Paul Borman cut his 5 1/2 year sentence by 18 months because Iacobelli cooperated with an ongoing federal investigation and due to the impact COVID-19 is having inside America’s prison system.