Monday, August 11, 2008

The NonProfit Times "Points of Light Refunds Continue

From the Nonprofit Times
The NonProfit Times - The Leading Business Publication For Nonprofit Management: "Points of Light Refunds Continue

By Mark Hrywna
Some 1,200 customers are expected to receive refunds or have their travel plans fulfilled by the time the Points of Light Institute completes the process sometime in the next month. Another round of refunds went out last week and the Points of Light Institute hopes to complete it by Labor Day.

The Points of Light Institute closed its eStore early last month to investigate “significant financial and operational irregularities.” Initially, more than 1,000 affected customers were contacted in early July. An independent contractor, who had been handling the business since 2003, was terminated by Points of Light, which also contacted the U.S. Attorney’s Office for Washington, D.C. The U.S. Attorney’s Office declined comment."

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