BUSINESS STORY: `Unprecedented’ settlement reached in New Era case

Print More

Active RNS subscribers and members can view this content by logging-in here.

c. 1996 Religion News Service (UNDATED) A path-breaking settlement has been reached in the scandal resulting from the collapse of the Foundation for New Era Philanthropy, the Pennsylvania charity whose grant programs have been described as an investment scam. U.S. Bankruptcy Judge Bruce I. Fox approved a $39 million settlement Thursday (Aug. 22) that will […]

Comments are closed.