Ex-Subway Spokesman Jared Fogle’s Charity Was A Huge Scam
According to reports, ex-Subway spokesman Jared Fogle isn’t just facing five years in prison on child-pornography charges, but is also being charged with having paid sex with a minor, and his wife is leaving him and has already filed for divorce. Things get a little worse, though. USA Today is reporting that Fogle’s childhood obesity non-profit organization, the Jared Foundation, is a complete scam.
The non-profit organization was supposed to have distributed around $2 million to schools and communities within local areas after it was founded in 2008. Unfortunately, records have revealed that not a single grant was issued to anyone during that time. Instead, all of the donated money is said to have been kept by the executive director instead:
“From 2009 through 2013, the foundation spent just $73,000 a year on average. Sixty percent of the money went to the executive director’s salary, and 26 percent is unaccounted for, according to foundation tax records. The foundation also hasn’t paid the State of Indiana a $5 annual registration fee since 2008, the year the Jared Fogle Healthy Lifestyle Nationwide School Grant Program was supposed to begin. Delinquency notices were ignored. In 2012, the Indiana Secretary of State dissolved the foundation, though the IRS still recognizes it.”
Should the IRS do some poking around, Fogle will be facing tax evasion and fraud charges along with the child-pornography charges. The foundation’s executive director, Russell Taylor, has also been arrested on childhood-pornography charges.
