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:
“There exists in a great part of the Northern people a gloomy diffidence in the moral character of the government. On the broaching of this question, as general expression of despondency, of disbelief that any good will accrue from a remonstrance on an act of fraud and robbery, appeared in those men to whom we naturally turn for aid and counsel. Will the American government steal? Will it lie? Will it kill?—We ask triumphantly.”
—Ralph Waldo Emerson (1803–1882)
“Certain it is that scandal is good brisk talk, whereas praise of one’s neighbour is by no means lively hearing. An acquaintance grilled, scored, devilled, and served with mustard and cayenne pepper excites the appetite; whereas a slice of cold friend with currant jelly is but a sickly, unrelishing meat.”
—William Makepeace Thackeray (1811–1863)