1. Whether the three executives are not punished to the full extent and these people need to go to jail. 2. Even after settlements are done, James Reynolds Sr. must go to jail. 3. Whether this is the right thing that the government did, as it is a weak case for them and settlement is better than nothing. 4. Any other options that can be carried out. Introduction: Case Summary − An alleged charity scam was done by James T Reynolds and his two top executives, Rose Perkins and Kyle Effler, by raising funds for cancer services and using them for personal benefits. The Federal Trade Commission along with attorneys general and consumer protection agencies, in all 50 states, filed a lawsuit against the four charities. The settlement bans James T Reynolds from raising funds and doing any charitable, non-profit organization work. Out of the four charities, two have been dissolved and settled and other two are still continuing with the lawsuit.

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Chapter 14, Problem 1LEC

Summary Introduction

To Determine:

1. Whether the three executives are not punished to the full extent and these people need to go to jail.

2. Even after settlements are done, James Reynolds Sr. must go to jail.

3. Whether this is the right thing that the government did, as it is a weak case for them and settlement is better than nothing.

4. Any other options that can be carried out.

Introduction:

Case Summary − An alleged charity scam was done by James T Reynolds and his two top executives, Rose Perkins and Kyle Effler, by raising funds for cancer services and using them for personal benefits. The Federal Trade Commission along with attorneys general and consumer protection agencies, in all 50 states, filed a lawsuit against the four charities. The settlement bans James T Reynolds from raising funds and doing any charitable, non-profit organization work. Out of the four charities, two have been dissolved and settled and other two are still continuing with the lawsuit.

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