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King of New Orleans
LSU Fan
In front of The Hungry Tiger
Member since Jul 2011
9749 posts

Can somebody explain the OLOL issue?
And when are they releasing the findings? I feel like the last week has been nothing but “statements” and a whole lot of nothing.


VermilionTiger
LSU Fan
TD Premium Board Member
Member since Dec 2012
27271 posts

re: Can somebody explain the OLOL issue?
Basically, LSU is fricked.

That's all you need to know


Bjorn Cyborg
Member since Sep 2016
9606 posts

re: Can somebody explain the OLOL issue?
Someone stole a bunch of money from a hospital and gave it to Javonte Smart.

Pretty simple.


coachgeaux
LSU Fan
Shreveport
Member since Nov 2017
191 posts

re: Can somebody explain the OLOL issue?
OLOL is making a statement sometime this afternoon. SOmeone said it will be at 3:50, but don't know if that is true. I know TV news trucks are parked out in from of the hospital right now.

WAFB said in noon news that OLOL had a statement that would be released today.

Search OLOL on Tiger Rants and you will get all the details.


GeorgeTheGreek
Michigan State Fan
Sparta, Greece
Member since Mar 2008
53326 posts

re: Can somebody explain the OLOL issue?
Waiting on Hillar Moore to drop his OLOL findings. Apparently money was moved over to LSU that couldn’t be accounted for and was missing from OLOL. Don’t know yet if that ended up in LSU Atheltics’ hands or just the school’s.
This post was edited on 3/14 at 1:46 pm


Tigerbait357
LSU Fan
Member since Jun 2011
28477 posts

re: Can somebody explain the OLOL issue?
Speculation is that money being donated to the foundation was being funneled to student athletes. Boosters were instructed to donate to the foundation. So basically boosters were donating money to the "foundation," receiving tax breaks because of it, and then it was going to student athletes.

If any part of these claims are actually true. The LSU athletic department won’t be the only areas getting gutted.
This post was edited on 3/14 at 1:49 pm


coachgeaux
LSU Fan
Shreveport
Member since Nov 2017
191 posts

re: Can somebody explain the OLOL issue?
Finally Bjorn Cyborg is coming around. But trying to pin it on Basketball to protect football.


JPLSU1981
LSU Fan
Baton Rouge
Member since Oct 2005
20726 posts

re: Can somebody explain the OLOL issue?
quote:

coachgeaux


Quit pretending to be an LSU fan.

Guys, this guy is a Bama troll that created this username days after the 2017 Bama game.

Another of his usernames is LSUMegaFan4Life
This post was edited on 3/14 at 1:49 pm


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461
tigerfan88
New Orleans Pelicans Fan
Member since Jan 2008
5710 posts

re: Can somebody explain the OLOL issue?
If the worst of the rumors are true and proved LSU is fricked.

The worst of the rumors is LSU boosters used OLOL foundation as a way to pay players and recruits. They donate to the foundation and get a tax break. The president of the foundation takes the money out and distributed it, in some way, to recruits, players, etc. Its been going on for decades, but the President, Funes, got sloppy and arrested. Now he may be snitching, plus Deloitte got called in to do an audit that’s might be revealing.

Currently all speculation other than Funes embezzling and getting arrested. We’ll see when the report is made public today if there are LSU links. Even if there are, the big jump, and the one that even the guys pushing the theory on here aren’t sure about, us how exactly the money was distributed to LSU recruits and players. That might not be easily traceable or proven, even if it happened


Philippines4LSU
LSU Fan
Lake Sebu, S. Cotabalo, Philippines
Member since May 2018
4222 posts

re: Can somebody explain the OLOL issue?
quote:

Basically, LSU is fricked.

That's all you need to know


Can you tell me if Alleva is involved?

I really hope he is, and if so it would explain a lot about his peculiar behavior in mishandling the Wade situation.


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102
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USA
Member since 2001
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Bjorn Cyborg
Member since Sep 2016
9606 posts

re: Can somebody explain the OLOL issue?
quote:

Finally Bjorn Cyborg is coming around. But trying to pin it on Basketball to protect football.


LOL. I obviously wasn't being serious.


coachgeaux
LSU Fan
Shreveport
Member since Nov 2017
191 posts

re: Can somebody explain the OLOL issue?
You are the worse LSU Athletic Dprt Alter Troll on this. Do the pay students to do this or do they outsource to Russian Troll farm?


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48
jdrn21
LSU Fan
Ole Piss sucks
Member since Aug 2005
17014 posts

re: Can somebody explain the OLOL issue?
quote:

Don’t know yet if that ended up in LSU Atheltics’ hands or just the school’s.




man I hope this implicates board members


GeauxTime9
LSU Fan
Baton Rouge, La
Member since Dec 2010
4217 posts

re: Can somebody explain the OLOL issue?
quote:

Someone stole a bunch of money from a hospital and gave it to Javonte Smart.

Pretty simple.


Honestly, i don't think the J Smart deal and the OLOL deal have any connection.

I think J Smart received benefits from Nike or Adidas. He ran in the AAU circuit for a long time. I'm sure his funding came from one of those avenues.


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10
kadillak
USA Fan
Member since Nov 2007
6258 posts

re: Can somebody explain the OLOL issue?
quote:

OLOL is making a statement sometime this afternoon. SOmeone said it will be at 3:50, but don't know if that is true.



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281
GeauxTime9
LSU Fan
Baton Rouge, La
Member since Dec 2010
4217 posts

re: Can somebody explain the OLOL issue?
quote:

LOL. I obviously wasn't being serious.


Just saw this post, forgive me. haha

quote:

Bjorn Cyborg


I think it was myself and you that were shitting on the whole OLOL rumor in the bball recruiting thread.

Kinda feel dumb that the rumor possibly has some legs.


Philippines4LSU
LSU Fan
Lake Sebu, S. Cotabalo, Philippines
Member since May 2018
4222 posts

re: Can somebody explain the OLOL issue?
quote:

man I hope this implicates board members






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61
RB10
LSU Fan
Member since Nov 2010
30328 posts

re: Can somebody explain the OLOL issue?
quote:

Speculation is that money being donated to the foundation was being funneled to student athletes. Boosters were instructed to donate to the foundation. So basically boosters were donating money to the "foundation," receiving tax breaks because of it, and then it was going to student athletes.

If any part of these claims are actually true. The LSU athletic department won’t be the only areas getting gutted.


Everyone suspected LSU was corrupt because of Louisiana politics. Now everyone will know that LSU is corrupt because of Louisiana politics.


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164
The Pirate King
Texas Tech Fan
Pangu
Member since May 2014
27473 posts

re: Can somebody explain the OLOL issue?
quote:

Apparently money was moved over to LSU that couldn’t be accounted for and was missing from OLOL. Don’t know yet if that ended up in LSU Atheltics’ hands or just the school’s.


Aren’t donations to a university tax deductible anyway? Why the need to run it through OLOL foundation?


Tigah
LSU Fan
Geaux Tigers
Member since Dec 2003
325 posts

re: Can somebody explain the OLOL issue?
It’s a fricking mess.


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