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Audit Reveals John Paul Funes Stole $810k from OLOL Foundation, LSU is now involved
Posted on 3/14/19 at 4:54 pm
Posted on 3/14/19 at 4:54 pm
quote:
BATON ROUGE - Our Lady of the Lake says more than $810,000 were lost as a result of the alleged embezzlement by the OLOL Foundation's former president John Paul Funes.
The news release from OLOL also says LSU is being notified because of two other issue revealed in the investigation. However, details surrounding those issues were not immediately released.
quote:
The work by the independent third-party firm has confirmed that Mr. Funes acted alone and was the only member of the organization involved. Over several years, he orchestrated a series of fraudulent transactions that involved the purchase and distribution of gift cards, charter flights and payments to individuals, including forged documents, invoices and signatures. He misled hundreds of people in and outside of our organization.
The forensic investigation also revealed two questionable issues that warranted we notify legal counsel for LSU. Since we are not involved and the outcome does not impact our operations, we will not have any further details or comments on this issue.
LINK
The hits keep coming, baws.
14
Posted on 3/14/19 at 4:56 pm to TigersSEC2010
Our Lady of the Swamp
Posted on 3/14/19 at 4:58 pm to TigersSEC2010
Damn nuns.
Posted on 3/14/19 at 4:58 pm to TigersSEC2010
Posted on 3/14/19 at 5:00 pm to TigersSEC2010
If we're looking at an extended period of .500 football, I want to see some MFers go to jail, and not just this Funes guy.
Posted on 3/14/19 at 5:00 pm to TigersSEC2010
Please fire F King please fire F king please fire F King
Posted on 3/14/19 at 5:00 pm to TigersSEC2010
Y'all some crooks for sure. Sad.
Posted on 3/14/19 at 5:00 pm to TigersSEC2010
It's not 810,000.00 baws, it is significantly higher, my bet is it's more like 1.4-1.5 million at least if what my IRS enforcement friend is telling me is true
Posted on 3/14/19 at 5:04 pm to KiwiHead
Will Wade got him some really good basketball players thanks to OLOL
Posted on 3/14/19 at 5:05 pm to TigersSEC2010
Coachgeaux done told us LSU was involved. He was roundly chastised for doing so. Lots of people got some crow to eat.
Posted on 3/14/19 at 5:07 pm to Jim Rockford
They’ll protect the cash cow don’t worry
Posted on 3/14/19 at 5:07 pm to Sao
quote:
Y'all some crooks for sure.
quote:Says the fan of the only school to ever receive the NCAA Death Penalty.
SMU Fan
Posted on 3/14/19 at 5:08 pm to TigersSEC2010
I heard James Williams took illegal bribes.
At least that’s the story I’m telling people.
At least that’s the story I’m telling people.
Posted on 3/14/19 at 5:08 pm to TigersSEC2010
the Brothers of the Sacred Heart would never allow this to happen.
Posted on 3/14/19 at 5:11 pm to TheCaterpillar
From Bad to Worse: "Franciscan Missionaries board chairman steps down in light of firing of CEO Mike McBride"
From left are K. Scott Wester and Stephanie Manson, CEO and COO, respectively, of Our Lady of the Lake; infusion nurse Jeanette Moore; Sister Barbara Arceneaux, a regional minister for the Franciscan Missionaries of Our Lady North American Region; Mike McBride, president and CEO of the Franciscan Missionaries of Our Lady Health System; and Todd Stevens, president and CEO of the Mary Bird Perkins Cancer Center.
The board chairman for Franciscan Missionaries of Our Lady Health System stepped down a day after the Catholic health organization fired CEO Mike McBride.
"In light of the fact that the Sisters have chosen to pursue a different direction for the system with respect to its leadership … I felt the timing was right to also allow them the opportunity to choose new board leadership," said James Moore Jr., a Monroe hotel developer.
Franciscan Missionaries oversees a network of six hospitals, with the largest being Our Lady of the Lake Regional Medical Center in Baton Rouge and Gonzales. According to IRS filings, OLOL Regional Medical Center took in more than $1.2 billion in revenue in 2017.
From left are K. Scott Wester and Stephanie Manson, CEO and COO, respectively, of Our Lady of the Lake; infusion nurse Jeanette Moore; Sister Barbara Arceneaux, a regional minister for the Franciscan Missionaries of Our Lady North American Region; Mike McBride, president and CEO of the Franciscan Missionaries of Our Lady Health System; and Todd Stevens, president and CEO of the Mary Bird Perkins Cancer Center.
The board chairman for Franciscan Missionaries of Our Lady Health System stepped down a day after the Catholic health organization fired CEO Mike McBride.
"In light of the fact that the Sisters have chosen to pursue a different direction for the system with respect to its leadership … I felt the timing was right to also allow them the opportunity to choose new board leadership," said James Moore Jr., a Monroe hotel developer.
quote:
Moore, who is also a member of the LSU Board of Supervisors, has served on the Franciscan Missionaries board for seven years, with the last three being as board chairman of the six-hospital health system. He declined further comment on the decision.
Franciscan Missionaries oversees a network of six hospitals, with the largest being Our Lady of the Lake Regional Medical Center in Baton Rouge and Gonzales. According to IRS filings, OLOL Regional Medical Center took in more than $1.2 billion in revenue in 2017.
quote:
Cross added the firing of McBride is "not connected at all" to the investigation into former Our Lady of the Lake Foundation President and CEO John Paul Funes, who was fired late last year after being accused of a "pattern of forgery and embezzlement" at the foundation.
This post was edited on 3/14/19 at 5:16 pm
Posted on 3/14/19 at 5:13 pm to MrLSU
Posted on 3/14/19 at 5:15 pm to TheCaterpillar
quote:
I heard James Williams took illegal bribes.
Heard the same thing
Posted on 3/14/19 at 5:59 pm to Walt OReilly
I'm beginning to hear this very same thing. Hmmmmm
Posted on 3/14/19 at 6:23 pm to TigersSEC2010
LSU can't catch a break. 
Posted on 3/14/19 at 6:43 pm to MrLSU
quote:
James Moore Jr., a Monroe hotel developer
I would look at this guy because what in the hell could he develop in Monroe.....
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