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Originally Posted by onwebcam
I thought by law at least 10% had to be spent on the cause.. I guess not. If so many politicians and rich folk didn't hide/launder their money this way something might be done about it.
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As far as I know there is no law about it. Khloe Kardashian and her then husband Lamar Odom started a charity and raised over $2 million dollars for it. The only thing it ever got spent on was a couple of basketball teams he sponsored. ESPN did a big story about how none of the money was ever actually spent on charity.