Shocking social experiment
Shocking social experiment
Prominent cancer-related charities have been deceiving their donors about where their money is going, according to a new complaint submitted by the Federal Trade Commission (FTC) this week. Between 2008 and 2012, the Cancer Fund of America, along with other prominent charities, allegedly misspent nearly $200 million in donations they said would fund hospice care, transportation of cancer patients to and from chemotherapy sessions, and pain medication for children.
The FTC says that heads of the Knoxville, TN-based charity instead used the donation money to purchase meals at Hooters, lingerie at Victoria’s Secret, jet ski joy rides, car washes, and couple’s cruises to the Caribbean. The charging documents also outlined trips to amusement parks and payments of family members’ college tuition.
The lawsuit goes on to allege that the Cancer Fund of America carried out the scheme in conjunction with Cancer Support Services, Children’s Cancer Fund of America, and the Breast Cancer Society. Officials said once the quartet raised funds, they spent a significant amount of donations on subsequent fundraising efforts before doling out large salaries and generous bonuses to employees and family members. They concealed their wrongdoing by falsifying financial documents, reporting inflated revenues, overvaluing gift donations.
0 comments: