Friday, July 24, 2015
Between the years of 2009-2013, while operating out of his Brooklyn basement, the founder paid himself $600,000 and another $600,000 in deferred compensation PLUS he reportedly sent 5% of remaining funds to his sister in Israel for "research purposes".
If you go to YouTube and search for National Children's Leukemia Foundation, there are several vids showing well known names advocating for the charity. Of course, some of the powers-that-be (YouTube/Google) are bound to remove them soon for whatever stupid reason.
Below is one of the videos. Millions of folks gave generously to this fraudulent foundation,they gave their money and their time, only to be jaded from now on with charity foundations because of the fear that absolute scum might be lurking in such places and are looking to make money for themselves.
Children's Leukemia Foundation Guilty Of $9.7 Million Fraud: N.Y. Attorney General
The charity allegedly spent less than 1 percent of donations on patients.
The New York-based National Children's Leukemia Foundation made many promises to its donors over the years: it would use funds to conduct cancer research, locate bone marrow donors, and run a “Make a Dream Come True” program to help kids with cancer fulfill their bucket list.
Donors were evidently moved and impressed by the organization’s appeals for help. Between 2009 and 2013, $9.7 million was generously donated to the foundation.
It’s emerged this week, however, that this money may have been raised fraudulently. According to New York Attorney General Eric T. Schneiderman, the NCLF was basically “a one-man operation, run by founder Zvi Shor, 64, out of the basement of his Brooklyn home.” The organization allegedly kept almost none of its promises, knowingly misled donors and misused most of the funds it collected.
In a petition filed with the Kings County Supreme Court in Brooklyn on Monday, Schneiderman's office wrote that less than $58,000 (less than 1 percent) of the $9.7 million raised by the NCLF actually went to providing assistance to leukemia patients. More than 80 percent of the money is said to have gone to funding telemarketing and direct-mail fund-raising campaigns.
Of the remaining funds, about five percent was allegedly transferred to a shell organization in Israel run by Shor’s sister, purportedly for research purposes. Between 2009 and 2013, Shor is also said to have paid himself a salary of almost $600,000 and another $600,000 in deferred compensation.......