Using the Whole Whale - A Nonprofit Podcast
Business:Non-Profit
On Thursday, federal officials arrested Richard Zeitlin and Robert Piaro for allegedly defrauding donors of tens of millions of dollars that were meant for political nonprofit groups supporting causes like aid to military veterans and breast cancer research, according to reporting from The New York Times.
Zeitlin, who ran telemarketing call centers, is charged with fraud, obstruction of justice, and conspiracy. Piaro, who served as the treasurer of several political nonprofit groups, is charged with wire fraud and mail fraud. Both individuals could face significant prison sentences if convicted.
The indictment says that Zeitlin instructed employees at his call centers to mislead donors. It also says that Piaro made fraudulent claims about how donations would be spent.
About $22 million of the $28 million raised went to companies providing telemarketing services. Piaro paid himself about $526,000 from the money raised.
Investigations into Zeitlin and Piaro revealed that a significant portion of the money they raised for groups was kept by their companies or spent on fundraising vendors. This story underscores the necessity for transparency, accountability, and vigilance in nonprofit fundraising and management.
248: From Fellow to Fulltime - Kariesha Martinez exit interview
247: (news) Bezos Blasts Off Donation & Nonprofit Trust Report
246:(news) Nonprofit Closure Trend & Steph Curry Joins NinetyToZero
245:(news) Fundraising Scrutiny & Frontline SMS Closes
244: (news)Donor Disclosure Fight & NCAA Athletes Can Earn
243: Ann Nguyen Exit Interview Podcast
242: (news) Buffett donates Billions Leaving Gates & NFL Pride History
241: The Story of freeCodeCamp - founder interview
240: (news) 5% Rise in US Giving & Juneteenth Official
239: (news) DAF legislation & Nonprofit Wins Pulitzer
238: How To Travel Ethically - Author interview
237: (news) Direct mail price hikes & OpenSecrets.org Launches
236: (news) Nonprofits in Tulsa & USAID Russian Hack
235: (news) Carbon Capture & Fighting Voter Suppression
234: Volunteering through the Pandemic with Golden
233:(news) $1B Meme Coin Donations & Nonprofit job report
232:(news) Gates Foundation Divorce & Vaccine Awareness work
231: Your Voice Matters: Author Interview
230:(news) Redistricting Battles & Thinning Girl Scout Cookie sales
229: What I learned in 5 Years at Whole Whale: Meredith Esquivel
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