May 20, 2015
In an unprecedented collaboration, the FTC and 58 law enforcement agencies put a web of sham cancer charities out of business. The investigation revealed that the four charities involved - Cancer Fund of America, Cancer Support Services, Children's Cancer Fund of America and the Breast Cancer Society - primarily benefited one family, that of Cancer Fund founder James T. Reynolds Sr., rather than the cancer patients the organizations' purported to help. In total, these groups made off with $187 million in donations.
What can you do as a donor to ensure your charitable dollars aren't invested in fraudulent groups?