N.J. State Commission of Investigation
Charitable Funds Misuse 1974
The SCI acquainted federal authorities with investigative findings
during and after this probe. Subsequently, the owner of one company and
the sales manager of another company, who were targets of a June 1974
public hearing and September 1974 report, pleaded guilty to federal
charges of fraud.
Two laws were enacted in 1977 that implemented SCI recommendations. One
law required authorization by the Attorney General before a corporation
could identify itself as a fund raiser for the handicapped or the blind.
The other statute required professional fund raisers to submit financial
reports to the Attorney General.
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