[Previous entry: "China claims Dalai Lama is separatist terrorist"] [Next entry: "Russian intelligence sees U.S. military buildup on Iran border"]

03/29/2008: "Report Sketches Crime Costing Billions: Theft From Charities"

The volunteer treasurer of the Madison County Humane Society in Indiana was charged this month with using $65,000 of the charity’s money to buy jewelry and makeup. In San Francisco, the chief financial officer of the Music Concourse Community Partnership was fired after he was accused of taking $3.6 million of the organization’s money to play the stock market.

Nonprofit leaders tend to shrug off such cases as evidence of “just a few bad apples.” But a new report, trying to identify the scope of such thefts for the first time, suggests otherwise.

[ Charity is exploitation on so many levels. ]



http://www.nytimes.com/2008/03/29/us/29fraud.html?em&ex=1206936000&en=38d7ea8f238213b0&ei=5087%0A