The Seedy, Profitable World of Scam Charities
In 1984, the American Cancer Society forced James Reynolds out of a job. He had led the respected organization’s Knox County, Tennessee, office, but ACS accused him of sloppy record-keeping and of stealing a vintage car donated for an auction. Reynolds was apparently undeterred. He promptly opened up a new charity, giving it a name that was shamelessly similar: the Cancer Fund of America. He’d go on to found several other similar charities.