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Losses from get rich fast scheme stun investors
The Foundation for a New Era Philanthropy collapse triggers bankruptcy filings from religious bodies colleges museums and philanthropists. Creditors seek over 500 million though the entity had about 31 million in assets. Trustees plan possible repayment while calls for criminal charges against founder John G Bennett Jr persist amid FBI seizures and lawsuits.
MENTIONED IN THIS ARTICLE
Philadelphia
Foundation For A New Era
Ohio
Arlin Adams
Clair Seaman
New Era
John G. Bennett Jr
Seaman