Last May, a lawsuit was filed against four sham charities by the Federal Trade Commission, along with all 50 states and the District of Columbia.
Children’s Cancer Fund of America and the Breast Cancer Society agreed to shut down, but Cancer Fund of America and Cancer Support Services refused – until now.
CFA, CSS, and their leader, James Reynolds Sr., have agreed to settle charges that, while those two groups claimed to help cancer patients, they actually spent the most of the donations on their operators, families and friends, and fundraisers.
Under the settlement order announced Wednesday, CFA and CSS will shut down and their assets will be liquidated. The order also imposes a judgment against CFA, CSS, and Reynolds of $75.8 million, the amount consumers donated to CFA and CSS between 2008 and 2012.