A settlement has been reached with two sham cancer charities over allegations that the groups used millions of dollars in donations for personal use. The settlement with Cancer Fund of America Inc. and Cancer Support Services Inc. will dissolve the national organizations and ban the head of the charities, James Reynolds II, from future charitable work. The lawsuit targeted four sham charities run by Reynolds and his family members that bilked more than $187 million from donors. The lawsuit was filed by Illinois Attorney General Lisa Madigan, the Federal Trade Commission and regulators from 49 states.
