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Brian Kelly salary overpayment
So LSU discovers they accidentally overpaid Kelly $1 million in 2022. Wasn't surfaced by Kelly or his folks mind you but from an audit.
Thinking it's kinda' hard to miss an extra mil in your accounts?
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Originally Posted by
EdwardDrayton
So LSU discovers they accidentally overpaid Kelly $1 million in 2022. Wasn't surfaced by Kelly or his folks mind you but from an audit.
Thinking it's kinda' hard to miss an extra mil in your accounts?
Well Kelly didn't know the FBI is doing the auditing there now.
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Originally Posted by
EdwardDrayton
So LSU discovers they accidentally overpaid Kelly $1 million in 2022. Wasn't surfaced by Kelly or his folks mind you but from an audit.
Thinking it's kinda' hard to miss an extra mil in your accounts?
When you make a million a month you might not notice. Probably doesn't have to worry about overdrafts.
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Originally Posted by
RocketDawg
When you make a million a month you might not notice. Probably doesn't have to worry about overdrafts.
It's possible I guess but I'm a little skeptical. We've picked up overpayments before --- not on that absolute dollar scale of course --- but on a similar percentage scale and notified the bank before their folks even caught it.
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Originally Posted by
EdwardDrayton
It's possible I guess but I'm a little skeptical. We've picked up overpayments before --- not on that absolute dollar scale of course --- but on a similar percentage scale and notified the bank before their folks even caught it.
You'd think the University would have noticed without an audit. I was being a little facetious, but really, when you're in that salary range you might be pretty much be oblivious to deposits. I certainly wouldn't know from experience. People have gotten in trouble before for not reporting and using erroneous deposits, however.
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My initial thought was it was intentional by the university so he could use it to sway hesitant athletes - extra unaccounted for money!
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Originally Posted by
Extendedcab
My initial thought was it was intentional by the university so he could use it to sway hesitant athletes - extra unaccounted for money!
But why would LSU want to go through him to do that? That's unnecessary.
Just do it through the LSU version of Charlie Winfield.
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Originally Posted by
Todd4State
But why would LSU want to go through him to do that? That's unnecessary.
Just do it through the LSU version of Charlie Winfield.
I thought it would be yet even another way they could get recruits money outside the normal channels. If you're crooked, you think of different ways to cheat the system. I just saw this as another back channel - another way to cheat.
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Originally Posted by
Extendedcab
I thought it would be yet even another way they could get recruits money outside the normal channels. If you're crooked, you think of different ways to cheat the system. I just saw this as another back channel - another way to cheat.
So you are saying you are crooked ?
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Originally Posted by
Maverick91
So you are saying you are crooked ?
Ha ha, Funny no! Crooks are always looking for new ways to steal, lie, cheat or whatever! Just read the news articles about crooks and it is amazing at the inventive, note I am not saying smart, ways to cheat!
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If my paycheck was 50 cents high or low I would notice. It’s called tending to your business.
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Originally Posted by
somebodyshotmypaw
If my paycheck was 50 cents high or low I would notice. It?s called tending to your business.
Exactly. There is something off here.
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Originally Posted by
somebodyshotmypaw
If my paycheck was 50 cents high or low I would notice. It’s called tending to your business.
I've worked with people that have their pay routed directly to a private banker. Banker then drops a set amount in their checking account and directs the leftovers to different investments pursuant to an agreed upon plan.
It wouldn't shock me at all if Kelly had that arrangement and nobody notified him he was getting extra. Especially if it was $1M spread out over a year rather than one, $1M payment.
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Originally Posted by
Johnson85
I've worked with people that have their pay routed directly to a private banker. Banker then drops a set amount in their checking account and directs the leftovers to different investments pursuant to an agreed upon plan.
It wouldn't shock me at all if Kelly had that arrangement and nobody notified him he was getting extra. Especially if it was $1M spread out over a year rather than one, $1M payment.
I would never do this. That much money corrupts even the most virtuous folks, especially with little to no internal controls. I would watch my money like a hawk.
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Originally Posted by
Johnson85
I've worked with people that have their pay routed directly to a private banker. Banker then drops a set amount in their checking account and directs the leftovers to different investments pursuant to an agreed upon plan.
It wouldn't shock me at all if Kelly had that arrangement and nobody notified him he was getting extra. Especially if it was $1M spread out over a year rather than one, $1M payment.
As the employee, you would still get some type of paystub. And Kelly should look at his paystub if he has a brain. I operate a business (I don't own it) worth over $100 million. I assure you I would notice a $1 million issue in the business. Heck, we had an issue two weeks ago, where something was off by $28. We found the $28.
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Originally Posted by
somebodyshotmypaw
If my paycheck was 50 cents high or low I would notice. It’s called tending to your business.
Same here. Something fishy about this. Of course you're talking about lsu here so doing crooked things don't even count as wrong-doing down there.
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Originally Posted by
Commercecomet24
Same here. Something fishy about this. Of course you're talking about lsu here so doing crooked things don't even count as wrong-doing down there.
My thought is maybe he has a mistress that they want to keep happy and quiet.
Giving the money to Kelly would make sense then because if they are audited then whoever is doing the audit is going to be like "Hey, why did you give 1 million dollars to this Mrs Boudreau? What's her job title at LSU?"
I bet they just say it was an error or that it was a bonus.
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Originally Posted by
Todd4State
My thought is maybe he has a mistress that they want to keep happy and quiet.
Giving the money to Kelly would make sense then because if they are audited then whoever is doing the audit is going to be like "Hey, why did you give 1 million dollars to this Mrs Boudreau? What's her job title at LSU?"
I bet they just say it was an error or that it was a bonus.
It's hard to imagine Brian Kelley having a mistress (but I guess Orgeron did).
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Originally Posted by
RocketDawg
It's hard to imagine Brian Kelley having a mistress (but I guess Orgeron did).
Money has a way of hypnotizing some women into seeing only 'inner beauty'.
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Originally Posted by
Commercecomet24
Same here. Something fishy about this. Of course you're talking about lsu here so doing crooked things don't even count as wrong-doing down there.
If I was making $1 million/month and ended up with an extra million, I would never know it. After the first few months I would be good and have funds setup to transfer to certain accounts. Some of those I would check seldom. I could see this happening to a rich person.
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