Ohio Part Of Massive Charity Scam Settlement
The Ohio Attorney General’s Office says it’s part of a nationwide settlement with what they call two sham cancer charities.
Mike DeWine’s office says under the settlement involving all 50 states, Cancer Fund of America and Cancer Support Services will be permanently closed and liable for $75 million in restitution.
A complaint alleged charity leaders spent the majority of donations on themselves, their friends, families, and hosting fundraisers. The agreement also bans the charities’ leader James Reynolds from ever again profiting from charity fundraising and nonprofit work.
The settlement is considered the largest ever involving the Federal Trade Commission and state charity regulators.