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Veterans

Warpy

(113,131 posts)

3. All of its executives should be charged with fraud

Reply to niyad (Original post)

Thu Sep 1, 2016, 12:05 PM

Sep 2016

All executives of any charitable foundation that doesn't give at least 25% of its proceeds to real charity instead of to other foundations should be charged with fraud.

Too many have been cash cows for the heirs of rich men and dodges to avoid inheritance taxes.

This one was just an overt scam.

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Highlight:

Veterans charity that gave less than 2% of revenue to veterans closes its doors for good [View all] niyad Sep 2016 OP

It's sad to think that this was a charity and that more like it may still exist... think Sep 2016 #1

apparently there are more than a few out there. niyad Sep 2016 #2

All of its executives should be charged with fraud Warpy Sep 2016 #3

it was indeed. the VA is still "investigating" the guy in charge, who happens to be one niyad Sep 2016 #4

Foundation for American Veterans douglas9 Sep 2016 #5

. . . niyad Sep 2016 #6