An unredacted version of a forensic analysis of finances at CapRadio in Sacramento, Calif., reportedly names former GM Jun Reina as the individual who received more than $460,000 of “unsupported payments” from the station.
The analysis was conducted by CliftonLarsonAllen LLP, a firm brought on by Sacramento State, CapRadio’s licensee. It said it focused on “several potential avenues of personal benefit by a former executive and board members of CPR.”
The university released a redacted version of the report Aug. 5. However, CapRadio reported Tuesday that a station journalist reviewed a hard copy of an unredacted summary that named Reina as the report’s “Subject #1.” The university later removed the forensic analysis from its website, citing a need for CliftonLarsonAllen to make corrections and clarifications. It has yet to share an updated version.
When the report was first released, Sac State President Luke Wood said in a statement that portions of the report were redacted “to avoid jeopardizing a related investigation by the Sacramento County Sheriff’s Office.”
CapRadio reported that a spokesperson for the sheriff’s office confirmed it was investigating Reina but would not give further details. The sheriff’s office did not immediately respond to Current’s request for comment.
Reina did not immediately respond to Current’s attempts to reach him through Family Support Services, a Bay Area nonprofit where he is currently CEO.
Reina worked at CapRadio for 16 years. He was promoted from his dual role as CFO and COO to GM in 2020. The forensic report focused on July 2020 through June 2023, the period when Reina was the station’s top executive.
CapRadio faced financial challenges following Reina’s departure. In the fall of 2023, the station announced a 12% workforce reduction. It also canceled a downtown headquarters project.
The $460,000 in payments made to Reina are among more than $760,000 in unsupported transactions, according to the forensic report.
Rocio de Valk, a former director of finance for CapRadio who worked for the station from 2021–23, told CapRadio reporters that she “witnessed several troubling financial practices during her time at the station,” though “she did not use Reina’s name when speaking with reporters,” the article said.
De Valk said that while preparing for a 2023 audit commissioned by the California State University Chancellor’s Office, she had trouble getting station budget documents. She said she didn’t immediately forward her concerns to CapRadio’s board because she was worried she would lose her job.
This article has been updated to include a link to the redacted version of the CliftonLarsonAllen report and to clarify that Sacramento State had removed the report from its website.