FTC, State Regulators File Complaint Against ‘Sham’ Cancer Charities; Some Settlements Reached
Four "sham" cancer charities misused much of the $187 million they received between 2008 and 2012, according to a complaint filed on Tuesday by the Federal Trade Commission and regulators from all 50 states and Washington, D.C. The charities were run by James Reynolds, Sr., his son James Reynolds, Jr. and his ex-wife Rose Perkins. FTC said that litigation will continue against Reynolds, Sr., while his ex-wife and son have agreed to settlements that will ban them from fundraising.
- "Family Raised $187M for Cancer, Spent it on Themselves" (AP/Modern Healthcare, 5/19).
- "4 Cancer Charities Are Accused of Fraud" (Ruiz, New York Times, 5/19).