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The fraud perpetrated by the Holocaust Survivor’s Fund is different from most shiesty charity scams we hear about. In this case, it wasn’t the charity who scammed the people, but the people who scammed the charity. The fund was established to help provide financial aid to disabled or impoverished survivors of the Holocaust, but was defrauded from the inside by a group of managers who accepted forged applications from completely unqualified individuals.
The Huffington Post reports that “Six corrupt employees approved more than 5,500 fraudulent applications for aid, leading to millions of dollars being paid to people who did not qualify for help.” In total, the charity was taken for $42 million in misappropriated money that should have gone to the families of struggling victims.
Originally posted by crkking
I'm not posting this to say that this foundation doesn't do any good, because it does do great things...