Charity deregistered - Breaking news - Breaking News 24/7 - NEWS.com.au: "Charity deregistered
From: AAP
January 16, 2006
A VICTORIAN charity run by a Melbourne councillor has been deregistered for pocketing up to 80 per cent of funds raised for bushfire and drought victims.
The Victorian Emergency Relief Fund Inc (VERF) had been refused registration as a fundraiser and could face prosecution, Consumer Affairs Victoria (CAV) said today.
The consumer watchdog said just 20 per cent of almost $100,000 raised by the charity in the year ending December 2005 had reached beneficiaries.
That figure was expected to increase to 35 per cent by the end of next month but falls well short of the required 50 per cent
VERF was founded by Banyule City Councillor Dale Peters in 2002 and promotes itself as a not-for-profit organisation assisting rural communities in need."
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