Former CEO Accused of Swindling Charity
Former charity executive arrested for stealing $165,000 from the organization
Charity Holds a ‘Shareholder Meeting’
Direct Relief International, which distributes medical supplies to people in developing countries, held its annual “shareholder meeting” in Santa Barbara, Calif., where charity officials showed donors exactly where their money went in the past year, reports The New York Times. Donors and watchdog…
Couple Arrested for Charity Fraud
A couple in suburban Chicago who posed as military officials to sell raffle tickets to benefit a fake charity have been arrested, reports the Chicago Sun-Times. Under the pretense of honoring Memorial Day, a former Navy Reservist, Anne Pellegrini, and her fiancé, Donald McCarver, told donors that…
Yahoo Denies Human-Rights Request From Charity
Yahoo has denied the request of Amnesty International USA, one of its shareholders, to place pressure on the Chinese government to release political dissidents who have been imprisoned because they obtained information through Yahoo’s Internet services, CNET News reports. After the charity urged…
Assets Decline at McCormick Tribune Foundation
Declining prices in Tribune Company stock has been felt at the Robert R. McCormick Tribune Foundation, which has 97 percent of its assets in the company’s stock, reports Crain’s Chicago Business. The head of the media company, Dennis FitzSimons, is also chairman of the foundation, and he makes…
Pa. Charity Official to Plead Guilty to Fraud
The former office manager of a nonprofit think tank in Harrisburg, Pa., is expected to plead guilty to embezzlement charges for allegedly stealing more than $300,000 from her former employer, reports The Patriot-News, in Harrisburg. Caroline T. Ramsey could face up to 20 years in prison and a…