He has been placed on administrative leave, as reported by the Catholic News Agency, and Fr. Corapi responds on his website.
An excerpt from the article from the Catholic News Agency.
“Corpus Christi, Texas, Mar 21, 2011 / 05:58 pm (CNA/EWTN News).- Popular speaker and author Fr. John Corapi has been placed on administrative leave by superiors within his religious order following recent allegations of misconduct.
“Fr. Corapi said in a March 19 statement that a 3-page letter submitted by a former, unidentified female employee was entirely “false.” The letter claimed that the priest took part in sexual encounters with several adult women and engaged in habitual drug use.
“Fr. Corapi – a member of Texas-based Society of Our Lady of the Most Holy Trinity – is an internationally-known speaker and author who has appeared regularly on Catholic television and radio programs.
“He gained a widespread audience with his conversion story. After a prominent career as a wealthy businessman, his life spiraled out of control due to a cocaine addiction, eventually leading to him living on the streets. He later joined the Catholic Church and was ordained a priest.
“On March 18, Fr. Gerry Sheehan, Regional Priest Servant for the society, issued a statement saying that Fr. Corapi had been placed “on administrative leave from priestly ministry, in accordance to the Code of Cannon Law of the Catholic Church.”
“We have an allegation that Father Corapi has behaved in a manner unbecoming of a priest and are duty-bound to conduct an investigation in this accusation.”
"Fr. Sheehan said it was “important to keep in mind that this action in no way implies Fr. Corapi is guilty of the allegation.”