Before celebrating big gifts, charities must watch out for fake donors
- Written by Sarah Webber, Associate Professor of Accounting, University of Dayton
A New York philanthropist and personal assistant to billionaires, Matthew Christopher Pietras, allegedly stole millions from his employers and donated large sums to prominent charities to maintain a facade of status, wealth and generosity.
Those schemes came to light when the Metropolitan Opera became aware that a US$10 million donation Pietras...