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White Collar Defense & Compliance Developments in Criminal Law, Federal Case Law and Statutory Developments

Tag Archives: Fidelity Charitable Gift Fund

After Madoff and Other Ponzi Schemes, Have Charities Become More Wary About Donors Bearing Large Gifts? – Installment 83

Posted in Bernard Madoff

The return of grants by a charity to private foundations related to the the sons of Bernard L. Madoff evidence that some charities may be exercising greater caution in their gift acceptance policies as a result of the dramatic and sometimes devastating consequences that highly respected charities have suffered from involvement in Ponzi schemes.