Fraud Scandal
According to information revealed by the Washington Post during the US Senate hearings into the Jack Abramoff Indian lobbying scandal, Abramoff channeled money from corporate clients into the foundation and spent the overwhelming portion of its money on projects having little to do with the advertised sportsmanship programs, including political causes, the Eshkol Academy and an overseas golf trip for Bob Ney. Less than 1% of its revenue was spent on sports-related programs for youths.
Read more about this topic: Capital Athletic Foundation
Famous quotes containing the words fraud and/or scandal:
“He saw, he wish’d, and to the prize aspir’d.
Resolv’d to win, he meditates the way,
By force to ravish, or by fraud betray;
For when success a lover’s toil attends,
Few ask, if fraud or force attain’d his ends.”
—Alexander Pope (1688–1744)
“The day the world ends, no one will be there, just as no one was there when it began. This is a scandal. Such a scandal for the human race that it is indeed capable collectively, out of spite, of hastening the end of the world by all means just so it can enjoy the show.”
—Jean Baudrillard (b. 1929)