Flash press release:
https://www.ftc.gov/news-events/press-releases/2015/05/ftc-all-50-states-dc-charge-four-cancer-charities-bilking-over
A few fast highlights :
2 of 4 charities will close
Over $100m fines
Overvalued GIK was major technique
Nonprofit finance, accounting, and tax news. Other tidbits of interest to the charity community.