London Philharmonic Orchestra and Children’s Air Ambulance were the focus of two new
investigation reports by the Charity Commission.
Trustees of the London Philharmonic Orchestra were investigated by the Charity Commission for their role and involvement in the embezzlement of the charity's funds by its former finance director, Cameron Poole.
Cameron misappropriated about £666,000 of the charity's funds between June 2005 and August 2009 but the total loss as a result of the fraud was much higher, says the report.
The Commission reports that it was satisfied by the way the trustees handled the situation. They have fully cooperated with the Commission and the police; employed an independent accountancy firm for forensic investigation and took steps to recover the funds.
The other organisation under the Commission's scanner was Children's Air Ambulance after a number of complaints were received from the public regarding the charity's fundraising activities.
The Commission found in its investigation that the charity misled potential donors with claims that it ran an air ambulance service when it was not. The charity's literature suggested that it was already running an air ambulance service and was seeking donations to keep up the service while it was actually seeking funds to establish this service.
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