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re: LSU notified as OLOL reveals $810K lost in foundation head's alleged embezzlement.
Posted on 3/15/19 at 12:48 am to Cadello
Posted on 3/15/19 at 12:48 am to Cadello
So am I understanding this right..... a person associated with OLOL stole over 800K?
I understand OLOL is the go to medical center for LSU but with that being said, this is linked to the one person who embezzled money, not someone at LSU.
OLOL was looking for the lost money in all areas but now that it's been confirmed that it's associated with this one guy, that's sort of all there is to it.
Is this correct? I'm really asking.
I understand OLOL is the go to medical center for LSU but with that being said, this is linked to the one person who embezzled money, not someone at LSU.
OLOL was looking for the lost money in all areas but now that it's been confirmed that it's associated with this one guy, that's sort of all there is to it.
Is this correct? I'm really asking.
This post was edited on 3/15/19 at 12:51 am
2
Posted on 3/15/19 at 12:57 am to la_birdman
quote:
OLOL was looking for the lost money in all areas but now that it's been confirmed that it's associated with this one guy, that's sort of all there is to it.
What’s happened to the money has yet to be explained. My guess is it’s up to the one arrested if he stays quiet or sings like a canary.
Posted on 3/15/19 at 1:00 am to la_birdman
This guy was the CEO of OLOL Foundation which is the fundraising arm of the hospital
Took 810k
Investigation found money going to gift cards, chartered flights...
2 instances money was connected to LSU:
1) not an NCAA violation although they didn’t go into specifics
2) a salary was paid to a parent of a student athlete, the student athlete attended LSU 2012-2015
Has nothing to do with current basketball situation
Took 810k
Investigation found money going to gift cards, chartered flights...
2 instances money was connected to LSU:
1) not an NCAA violation although they didn’t go into specifics
2) a salary was paid to a parent of a student athlete, the student athlete attended LSU 2012-2015
Has nothing to do with current basketball situation
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