Thursday, December 02, 2004

KPHO Phoenix - Phony Philanthropy

KPHO Phoenix - Phony Philanthropy: "Phony Philanthropy
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(CBS 5 NEWS) - �Tis the season for giving and many charities take advantage of that warmth to raise money. Tonight, a story you have to see before you answer the call to give. CBS 5's Steve Chamraz spent two months looking into one charity and found serious questions about how it spends your donations.
Our investigation uncovered a charity that's collecting millions and keeping way more then it should.
When we described it to authorities, the government called it one of the most underhanded schemes it had ever seen.
We discovered the phony philanthropist after an investigative producer got a call at home asking for money. The person calling said he was collecting money for burn victims and all he wanted was a $35 donation. All the money he claimed, stays where it's raised, so we tracked down the man who runs the charity in Southern California.
Michael Gamboa, president of the Association for Firefighters and Paramedics, in 2003, according to government documents, raised almost $1.9 million."

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