LINCOLN, Neb. — The fourth defendant in a federal fraud case involving a former Omaha city councilman and two former Omaha police officers will serve prison time. KETV in Omaha reports 67-year-old Jack Olson, of Council Bluffs, who pleaded guilty to wire fraud and tax evasion in August, was sentenced to 33 months in prison. He received credit for 20 months served. Olson will also serve three months probation after his sentence. Under his plea agreement, Olson agreed to pay about $27,111 in restitution to the Latino Peace Officers Association, $95,475 to the U.S. Department of Treasury. He also agreed to pay up to $30,883 in restitution to individual donors, though the exact amount is one of few parts of the agreement that would be subject to appeal if the deal is accepted. Olson admitted to defrauding the LPOA, but specifically did not admit to defrauding the donors.

Former Omaha city council-member Vinny Palermo, retired Omaha police officer Johnny Palermo, and former Omaha police captain Rich Gonzalez were also convicted and sentenced in the scheme. Olson, also known as “Cody Jones,” was brought in as a fundraiser for the LPOA. According to court documents, Gonzalez “conducted financial transactions for the charity and caused payments to himself, Palermo, and Jack Olson … along with others without disclosing payment to donors or the LPOA board.”

Court documents allege Olson kept between 65-80% of donations to the LPOA and “removed more than half a million dollars from contributions given to LPOA between Jan. 1, 2018 and Dec. 31, 2022.”