NY Sues to Shut Down 'Sham Charity'

New York State is suing a bogus charity that raised millions of dollars to battle breast cancer -- but diverted almost all of that money into the pockets of its principals.

Attorney General Eric Schneiderman's lawsuit aims to shut down the Long Island-based Coalition Against Breast Cancer (CABC), which Schneiderman says raised $9.1 million from the public over the past five years but spent hardly any of that money on breast cancer programs.

Instead, the lawsuit claims, CABC used the money it raised to pay excessive fundraiser fees, unwarranted salaries and benefits, and other perks. The lawsuit accuses CABC and its for-profit fundraiser, Campaign Center, of violating New York State's not-for-profit and charitable solicitations laws.