KIRKWOOD, Mo. - The founder of a suburban St. Louis children's charity has resigned following allegations that he sent $3 million in business to his wife's marketing company.
Reach Our Children charity founder David Lovell said the group's board of directors knew that his wife, Nancy, co-owned Precision Performance Marketing, which worked for the charity.
But board members said they were stunned by the revelation, according to Will Bealke, the new interim board chairman replacing Lovell.
'There were definitely mistakes made,' Bealke said.
Lawyers for the charity and the state attorney general's office are investigating any wrongdoing."