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To: ThreePuttinDude; Grampa Dave

Then there was the lovebug at United Way who was subsidizing his girlfriend with the charity's funds.

We should also be very suspect of these "foundations" which can be used to launder monies people want to hide from the IRS.

Someone might donate say couple million bucks, the charity takes a cut, then illegally converts and launders the funds elsehwere, so the donor has access to the monies later, out of sight of the IRS and US banking laws.

Sme of these crooks could also be using NPO's and foundation scams to illegally convert donations (and tax funds) to campaign accounts.

Our very own astute FReeper Grampa Dave has been on top of this.


3 posted on 03/13/2005 4:14:47 AM PST by Liz ("There is no safety for honest men except by believing all possible evil of evil men." Edmund Burke)
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To: Liz
"Some of these crooks could also be using NPO's and foundation scams to illegally convert donations (and tax funds) to campaign accounts."


Oh no, that's called Donor Directed and is not available for public scrutiny in our area...so frustrating....
5 posted on 03/13/2005 4:22:32 AM PST by EBH (And the Wall came tumblin' down...)
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