Alleging embezzlement of over $200,000, federal prosecutors have filed charges against John Lynch, a former executive of the historically Catholic Michigan non-profit Holy Cross Childrenâs Services .
âIn 2017, Holy Cross Servicesâ management discovered financial irregularities indicative of possible embezzlement activity,â the nonprofit organization said in a statement. The organization initiated an audit performed by an outside accounting firm and notified its insurance carriers, and reported the matter to law enforcement, including the FBI. More…
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Ex-CEO of Holy Cross Services accused of embezzling funds meant for children
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A Metro Detroit charity CEO is facing federal charges for allegedly fleecing his employer and using the money for a wide variety of personal expenses.
The 26-page complaint details at least $70,000 worth of spending from a charity that serves some of the poorest children in the state.
Holy Cross Children’s Services and its other charity organizations house foster children and help the needy in many ways. An internal audit turned up the CEO’s spending habits.
John Lynch has been officially charged with wire and mail fraud and theft from an organization that receives federal funds.
A Grosse Pointe Park man who lives in a $700,000, six-bedroom home stole $240,000 from poor and homeless people and spent it on trips to Florida resorts, shopping sprees, Lululemon athletic wear and a new roof on his house, according to a criminal complaint unsealed Thursday in federal court.
And he was careful not to get caught, an FBI agent wrote in an affidavit, which details how John R. Lynch, 56, of Grosse Pointe Park allegedly abused his position as chief financial officer and chief executive officer for the Holy Cross organization to help himself, his family and friends.
Holy Cross is a Clinton-based nonprofit that was founded in 1948 by the Archdiocese of Detroit as a vehicle to help needy people. It started out as Boysville of Michigan, and is now known as Holy Cross Services, whose entities include the Samaritan Center, Woodward Counseling, and Holy Cross Women’s Behavioral Health. The organization receives government funding and helps provide financial su
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Ex-CEO of Holy Cross Services accused of embezzling funds meant for children
A Metro Detroit charity CEO is facing federal charges for allegedly fleecing his employer and using the money for a wide variety of personal expenses.
The 26-page complaint details at least $70,000 worth of spending from a charity that serves some of the poorest children in the state.
Holy Cross Children’s Services and its other charity organizations house foster children and help the needy in many ways. An internal audit turned up the CEO’s spending habits.