Watchdog Group: Look at the $50 Million the Humane Society Has “Invested” in Bermuda and the Caymans and not needy pets..
Washington, DC – -(Ammoland.com)- A Humane Society of the United States employee has been charged with embezzling $31,175 from donors to fund a lavish vacation to Aruba—an alleged crime that was reportedly revealed by merely a “light audit” when the employee changed supervisors.
More shocking, however, is the fact that HSUS itself sent $50 million to the Caribbean over a two-year period instead of using that money to help care for needy pets in America.
According to a review of HSUS’s tax returns for 2012 and 2013 (the two most recent tax years for which data is available) by the Center for Consumer Freedom, HSUS parked $50 million of donor money in the Caribbean, apparently all to hedge funds in the Cayman Islands and Bermuda.
Will Coggin, director of research for the Center for Consumer Freedom, issued the following statement:
“If the employee had sent that money to the Caribbean instead of herself, as alleged, it would have simply been business as usual at the Humane Society of the United States.”
“Even more scandalous than the embezzlement of $31,000 is that HSUS has taken over 1,000 times that amount and placed it in the Caribbean hedge funds instead of using that money to help care for currently needy dogs and cats. Donors should be repulsed by both the incompetence of HSUS management and its willingness to turn its back on the animals it claims to speak for.”
Charity Navigator has issued a “Donor Advisory” against HSUS and the HSUS was part of a $25 million settlement of a racketeering, fraud, a bribery lawsuit that ended last year.