Billionaire’s Charity Says It Was Victim of Executive Accused of Fraud

The Moore Charitable Foundation of Louis M. Bacon says it put $25 million into what federal authorities call a fraudulent scheme by Andrew Caspersen. [Source]

Origin: nytimes.com

Category: Securities and Commodities Violations

Topics: Caspersen, Andrew, scheme, fraudulent, authorities, federal, million, Bacon, Louis, Foundation, Charitable, Moore, Fraud, Accused, Executive, Victim, Charity, Billionaire’s

Source: http://rss.nytimes.com/c/34625/f/640350/s/4e966fa7/sc/7/l/0L0Snytimes0N0C20A160C0A30C30A0Cbusiness0Cdealbook0Ccharitable0Etrust0Esays0Eit0Ewas0Ea0Evictim0Eof0Ean0Einvestment0Escheme0Bhtml0Dpartner0Frss0Gemc0Frss/story01.htm