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Sham charity owes millions
Cancer centers across the country will share $2.5 million recovered in a multistate enforcement action against sham cancer charities, Attorney General Derek Schmidt announced.
The $2.5 million was recovered through settlements of a landmark lawsuit against four affiliated sham charities — the Cancer Fund of America, Inc., The Breast Cancer Society, Inc., Cancer Support Services, Inc., and the Children’s Cancer Fund of America — and their founder James Reynolds and others. The settlements put in place a receiver who seized and liquidated all available corporate and personal assets. Defendants are all banned from any charity or fundraising activities for the rest of their lives.