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re: LSU notified as OLOL reveals $810K lost in foundation head's alleged embezzlement.
Posted on 3/14/19 at 9:40 pm to Bjorn Cyborg
Posted on 3/14/19 at 9:40 pm to Bjorn Cyborg
So who are the gift cards for?
Why didnt LSU disclose this earlier?
Why did the feds get involved?
Why isn't there any showing of where this money was spent by the embezzler?
Why hasn't the embezzler been arrested?
Why didnt LSU disclose this earlier?
Why did the feds get involved?
Why isn't there any showing of where this money was spent by the embezzler?
Why hasn't the embezzler been arrested?
Posted on 3/14/19 at 10:31 pm to Arabi Tiger
quote:
Why did the feds get involved?
The Feds are involved because the sisters over at OLOL brought JPF's alleged fraud to light, and they ain't playing ball like you or I would.
If I gave 100k a year to OLOL Foundation or other non-profit to be a big tymer around town, receiving a tax benefit, and knowing that I was also helping LSU recruit and maintain a winning program, honestly i can't say I wouldn't stroke the check if I had the means to do so.
Being an OT Baller, maybe I even did.
Posted on 3/14/19 at 11:11 pm to Arabi Tiger
quote:
So who are the gift cards for?
Why didnt LSU disclose this earlier?
Why did the feds get involved?
Why isn't there any showing of where this money was spent by the embezzler?
Why hasn't the embezzler been arrested?
Whoever Funes gave them to - this much detail was not released by OLOL
quote:
We've identified approximately $810,000 lost due to fraudulent activity committed by Mr. Funes, former president of the Foundation,” said the report that was released Thursday afternoon by the Catholic Church’s Franciscan Missionaries of Our Lady Health System, which owns the Our Lady of the Lake Regional Medical Center in Baton Rouge.
They were probably asked to withhold this info until OLOL had everything on their end completed
Feds involved because the dude stole 810k from a charity
OLOL is not releasing that info, I feel like they have an idea of where it went since they were only able to tie 2 transactions to LSU
From what I remember when all of this originally came out (missing funds) they had to audit / investigate & then charges could be filed
I feel sure he will not get away with this
Posted on 3/15/19 at 6:20 pm to Arabi Tiger
So who are the gift cards for? LSU athletes
Why didnt LSU disclose this earlier? they needed to get their ducks in a row
Why did the feds get involved? Because the feds are digging into college athletics
Why isn't there any showing of where this money was spent by the embezzler? because OLOL is embroiled in a coverup
Why hasn't the embezzler been arrested? Because he is cooperating and telling the Feds exactly what he has been up to in the last ten years
Why didnt LSU disclose this earlier? they needed to get their ducks in a row
Why did the feds get involved? Because the feds are digging into college athletics
Why isn't there any showing of where this money was spent by the embezzler? because OLOL is embroiled in a coverup
Why hasn't the embezzler been arrested? Because he is cooperating and telling the Feds exactly what he has been up to in the last ten years
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