Four Cancer Charities charged for pocketing $187 Million from Donors

The Federal Trade Commission (FTC) announced on Tuesday that four cancer charities and their operatives have been charged for pocketing about $187 million from the funds donated for their projects.

FTC, the independent agency of the United States government, stated that it worked in with all 50 states of the country. According to the agency, the charged cancer charities told the donors that that their donations would help people who have been suffering from cancer.

Jessica Rich of the FTC's Bureau of Consumer Protection said that charities lied to the donors. According to FTC, the majority of the money that was taken from the donors went to many charity executives who kept a huge part of the donations to buy cars and other expensive things. As per the agency, the charity executives also spent the money on vacations, gym memberships, college tuition, dating site memberships and Jet Ski outings.

The FTC also said that some of the charity executives used the charity credit cards at Hooters restaurant. They also used the cards to buy lingerie from Victoria's Secret stores, the FTC stated. Mark Hammond, South Carolina Secretary of State, said, “Some charities use donations to send children with cancer to Disney World. In this case, the Children's Cancer Fund of America used donations to send themselves to Disney World”.

The charities whose complaint was brought by the FTC are: Cancer Fund of America in Knoxville, The Children’s Cancer Fund of America in Powell, Cancer Support Services in Knoxville and the Breast Cancer Society in Mesa.

The FTC revealed that a number of donors gave an average of $20 to the cancer charities. From a period, 2008 to 2012, about $187 million was given in donations. According to the agency, the charities tricked the donors through slick websites.