Monday, July 28, 2014

Half-million Dollar Fake Charity Concert Benefited No One



by Gary Snyder

He drew support from activists and celebrities, notably Pearl Jam’s Eddie Vedder.

But in the end, he was caught faking a charity concert while bilking investors out of a half million dollars. Kasey Anderson has been caught bilking 30 investors in a non-existent benefit album for the “West Memphis Three.” 

He has since admitted to the benefit fraud and was sentenced to nearly four years in prison for the $586,000 theft. 

Writing the court, Assistant U.S. Attorney Andrew C. Friedman said the more recent cons – Anderson lied about his aging father to beg for money – call into question Anderson’s willingness to change.

“Time and again, Anderson faced a choice of what to do,” Friedman told the court. “And, time and again, Anderson chose to lie to friends and other victims who had trusted him with their money.”

Anderson also solicited investors for a series of fake enterprises. Among those was a benefit concert for the West Memphis Three – men convicted in 1994 of killing three boys in the Arkansas city, who were released from prison after evidence cast doubt on their guilt. The men were convicted after prosecutors claimed the boys were killed as part of a satanic ritual. (source)





Nonprofit Imperative gathers its information principally from public documents...some of which are directly quoted. Virtually all cited are in some phase of criminal proceedings; some have not been charged, however. Cites in various media: Featured in print, broadcast, and online media outlets, including: Charity Navigator, Vermont Public Radio, Miami Herald, National Public Radio (NPR), Huffington Post, The Sun News, Atlanta Journal Constitution, Wall Street Journal (Profile, News and Photos), “Betrayal”, (a movie), NBC (on Charity Fraud…TBD), FOX2, ABC Spotlight on the News, WWJ Radio, Marie Claire, Ethics World, Aspen Philanthropy Newsletter, Harvard Business Review, Current Affairs, Charity Navigator, The Chronicle of Philanthropy, St. Petersburg Times, Board Room Insider, USA Today Topics, Accountants News, Newsweek.com, Responsive Philanthropy Magazine, New York Times, Portfolio Magazine, The Virgin Islands Daily News, NANKAI (China) BUSINESS REVIEW, National Religious Broadcasters newsletter, The Charity Governance Blog, American Chronicle, Palm Beach Post, Detroit Free Press, Oakland Press, Nonprofit World, Socially Responsible Business Forum, PNNOnline, Ohio Nonprofit Resources, Nonprofit Good Practice Guide, Nonprofit Startup Guide, Nonprofit Blog, National Coalition of Homeless Newsletter, Finance and Administration Roundtable Newsletter, MichiganNonprofit.com, CORP! Magazine, Crain’s Michigan Nonprofit, ncrp.org, PhilanTopic, Nashville Free Press, Nonprofit Law Blog, Seniors World Chronicle, Carnegie Reporter, Assoc. of Certified Fraud Examiners Examiner, msnbc.com, Worchester (MA) Telegram and Gazette, Carnegie Corporation of America, EO Tax Journal, Wikipedia: Non-profit Organizations; Parent: Wise Austin, Accountants News, Veterans Today, Answers.com, Far-roundtable, #Nonprofit Report, nonprofithelpnews, nonprofit news; National Enquirer, Northwest Herald, The HelpWise Daily, The #Nonprofit Report, Wikipedia (Nonprofit Organization), Answers.com, Nonprofits: On the Brink (2006) Silence: The Impending Threat to the Charitable Sector (2011)

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