Former OLOL Foundation President to be sentenced Thursday

News
John-Paul-Funes-wide_1559679528952.jpg

The former CEO and president of the Our Lady of the Lake Foundation who pleaded guilty to wire fraud and money laundering in June will appear in court Thursday morning for sentencing.

John Paul Funes, 49, was relieved of his duties at the OLOL Foundation in November, and prosecutors said he used funds that were supposed to be used for “outbound patient transport” to fly his friends and family members to LSU and New Orleans Saints football games, and he also used foundation funds to buy cancer patients gift cards that he pocketed. The fraud spanned from 2012 to 2018, according to prosecutors.

Funes said during his plea that he executed a scheme to defraud the Foundation and was responsible for a loss of more than $550,000.

Funes prepared, signed and submitted payment vouchers, and the Foundation’s accounting personnel issued checks for the payees, amounts, and purposes reflected on the vouchers. Funes’ position there allowed him to approve his own vouchers, enabling him to submit fraudulent vouchers misrepresenting the purpose of the checks.

Funes’ original sentencing date was set for October 24, but a scheduling conflict pushed it back to Thursday.

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Stay up to date with the latest news by downloading the BRProud App from the App Store or Google Play.

Trending Stories