www.njherald.com/secure_story/319534184007874.php -
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Published on: 4/13/2008
Last Visited: 4/15/2008
"You can legally give just about nothing to charity, and be so-called legitimate," said Daniel Borochoff, president and founder of the American Institute of Philanthropy.
Scams related to 9/11 were more common in the earlier part of the decade, when people were "emotionally moved and throwing money at whoever would collect it," Borochoff said.
Now, "if you really are clever about ripping people off, you'd know regulators will be watching (9/11 scams) more closely," Borochoff said.
In May 2004, a pair of Sussex County men pleaded guilty to bilking a Franklin woman out of $300,000 in a phony 9/11 investment plan, claiming she would receive $1 million in return.
One of the men, of Hampton, claimed he had shot a would-be terrorist who was planning attacks.
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Borochoff said potential givers should fully understand where their money is going and look for a charity directors they can trust to maximize the positive effects of their donation.