TITLE

Settlement reached in New Era case

AUTHOR(S)
R.N.S.
PUB. DATE
October 1996
SOURCE
Christian Century;10/16/96, Vol. 113 Issue 29, p959
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Reports on the settlement of the case involving the Foundation for New Era Philanthropy. Discovery of the charity's grant programs as an investment scam; Ruling by US Bankruptcy Judge Bruce I. Fox allowing agencies that lost money through New Era to receive as much as 65 cents on every dollar invested; Background on the scam perpetrated by New Era.
ACCESSION #
9610314701

 

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