Well, it’s happened again.
It’s one of those things that keeps happening, despite those affected saying they thought they had sufficient safeguards in place.
Another charity is missing the money so many people donated.
This time it’s the Children’s Heart Society, and again, like so many other organizations, it’s the former treasurer who is under arrest charged with theft and fraud.
The story is the same as those of past years, allegations of multiple fraudulent transactions siphoning money out of the charity’s bank account.
The number this time is more than $200K, some of it maybe dating back as far as 2013.
In court, in years past, we’ve heard the defense talk about those trusted with the money who found themselves in dire financial situations with temptation too great, or maybe they had a gambling problem, or maybe it was being addicted to a lavish lifestyle, your honour.
Whatever the reason, the victims often talk about creating better checks and balances, or maybe having more than one signature required on a transaction.
How safe is your organization’s money?
Are you sure?
Let me know what you think about donor money going missing.