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March 30, 2016

Posted  March 30, 2016

New York joined the Federal Trade Commission (FTC), the other 49 states, and the District of Columbia in announcing the successful conclusion of the largest multistate charity fraud action to date. Two nationwide sham cancer charities are being dissolved and their president is banned from profiting from any charity fundraising in the future, pursuant to a settlement agreed to by the FTC, all 50 states, and the District of Columbia. Cancer Fund of America Inc. (CFA) and Cancer Support Services Inc. (CSS) and their leader, James Reynolds, Sr., agreed to settle charges that CFA and CSS claimed to help cancer patients, but instead, the overwhelming majority of donations benefitted the sham charity operators, their families and friends, and fundraisers. Under the settlement order, CFA and CSS will be permanently closed and their assets liquidated. The order imposes a judgment against CFA, CSS, and Reynolds, jointly and severally, of $75,825,653, the amount consumers donated to CFA and CSS between 2008 and 2012. NY, PA, FL