OMAHA, Neb. (AP) — The founder of the Omaha Sports Academy is charged with taking almost $400,000 from the group for his personal use.
Bob Franzese, 48, faces two counts of theft by unlawful taken. He was charged Thursday and given a $25,000 bond.
The Omaha World-Herald reports he was no longer listed as being in jail on Thursday.
Douglas County Attorney Don Kleine said authorities suspect Franzese was using the money for gambling.
Franzese founded the sports academy in 2007 and was its co-owner and general manager until he was removed in April.