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Judi Lynn

(160,515 posts)
Wed Mar 30, 2016, 07:52 PM Mar 2016

'Sham' cancer charities agree to $76M judgment, dissolution

Source: Associated Press

'Sham' cancer charities agree to $76M judgment, dissolution

Travis Loller, Associated Press

Updated 5:25 pm, Wednesday, March 30, 2016



NASHVILLE, Tenn. (AP) — Two Tennessee-based cancer charities labeled "shams" by the Federal Trade Commission have settled a massive fraud case, along with their president, by agreeing to a $75.8 million judgment and the dissolution of the businesses. But the government may never see much of that money.

The complaint filed last year accused James T. Reynolds Sr. and others of spending donations meant for cancer patients on six-figure salaries and luxury vacations. The FTC said it is the largest joint action ever undertaken by the FTC and state charity regulators.

FTC attorney Tracy Thorleifson said the agency does not yet know how much money the government will recover, but she said it "won't even be close" to the judgment, which reflects the amount of money the public donated to Cancer Fund of America and Cancer Support Services between 2008 and 2012.

According to court documents, Reynolds went on a spending spree after he was first advised of the complaint.



Read more: http://www.chron.com/news/crime/article/Sham-cancer-charities-agree-to-76M-judgment-7217714.php

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'Sham' cancer charities agree to $76M judgment, dissolution (Original Post) Judi Lynn Mar 2016 OP
Nothing pisses me off more than sham cancer charities and sham cancer cures. Nailzberg Mar 2016 #1
They are pieces of shit, aren't they? n/t Humanist_Activist Mar 2016 #5
Ugh 47of74 Mar 2016 #2
instead, a fine, =. Reynolds went on a spending spree after he was first advised of the complaint dixiegrrrrl Mar 2016 #10
Or a dime bag of Oregano. 47of74 Mar 2016 #11
Always check Charity Navigator. It's quite helpful. Shrike47 Mar 2016 #3
Poetic justice TexasBushwhacker Mar 2016 #4
As a cancer survivor TNNurse Mar 2016 #6
I took care of my mother during her 9 year battle TexasBushwhacker Mar 2016 #7
Cancer took my Aunt 47of74 Mar 2016 #12
I lump them in with the religions crooks mdbl Mar 2016 #8
please tell me someone is going to jail. Mosby Mar 2016 #9

Nailzberg

(4,610 posts)
1. Nothing pisses me off more than sham cancer charities and sham cancer cures.
Wed Mar 30, 2016, 08:53 PM
Mar 2016

Fines are not enough for the scum involved.

dixiegrrrrl

(60,010 posts)
10. instead, a fine, =. Reynolds went on a spending spree after he was first advised of the complaint
Thu Mar 31, 2016, 03:38 PM
Mar 2016

Jails are for the poor people who get caught with a doobie of weed.

 

47of74

(18,470 posts)
11. Or a dime bag of Oregano.
Thu Mar 31, 2016, 03:49 PM
Mar 2016

Seriously, our problems in this world will never go away until wealthy and powerful people are held to account for the stuff they do instead of being able to bribe their ways out of problems.

TexasBushwhacker

(20,171 posts)
7. I took care of my mother during her 9 year battle
Thu Mar 31, 2016, 09:05 AM
Mar 2016

I normally would never consider wishing it upon someone, but these thieves are a special kind of evil. Let's just I wouldn't feel bad if they got it.

 

47of74

(18,470 posts)
12. Cancer took my Aunt
Thu Mar 31, 2016, 03:51 PM
Mar 2016

I'm not going to wish it on this skid mark on humanity's underwear either, but yes I do admit it is very tempting to do so.

mdbl

(4,973 posts)
8. I lump them in with the religions crooks
Thu Mar 31, 2016, 09:21 AM
Mar 2016

They pull on the same heart strings to bilk people out of money.

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