In Colorado. (Business)
Colorado-based charities scammed by John Bennett’s New Era founders their losses in bankruptcy proceedings.
“ The bankruptcy is convenient for all purposes of clarification,’’said Greg Kinberg, a spokesman for Life International Youth Services, one of six non-profit groups, with the Colorado Foundation invests Pennsylvania.
New Era’s liquidation, returned to the U.S. Bankruptcy Court in July, has already returned over half of the $ 2.5 million invested lives of young people, Kinberg, said Monday.
Bankruptcy trustee Arlin M. Adams said approximately $ 61 million is again more than 140 religious charities …
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