Jared Fogle's foundation reportedly a sham

Jared Fogle's Foundation Was Just For Show

Bad news keeps on coming regarding former Subway spokesman Jared Fogle.

It turns out, the Jared Fogle Healthy Lifestyle Nationwide School Grant Program was a sham.

Many believed the foundation was built to combat childhood obesity — something Jared says was a personal struggle growing up. But according to tax records, the charity never actually issued a grant, despite his promise to give schools and community organizations $2 million.

In fact, records reveal that 60% of the non-profit's budget actually went to former Executive Director Russell Taylor -- who is currently in jail on child porn charges.

Another 26% apparently just disappeared.

Fogle is on home detention after agreeing to a plea deal. Investigators said Fogle admitted to receiving and viewing child porn from Russell Taylor and to repeatedly traveling from Indiana to New York to pay for sex with minors.

He faces anywhere between five and 12 years in prison, followed by home monitoring.

Meanwhile, his second wife, with whom he has two children, has filed for divorce.

Jared Fogle's rise and fall through the years:

Jared Fogle the Subway guy through the years
See Gallery
Jared Fogle's foundation reportedly a sham
Olympic gold medalist swimmer Michael Phelps NFL player Michael Crabtree, spokesman for Subway Jared Fogle and NBA player Blake Griffin arrive at the 2009 ESPY Awards held at Nokia Theatre LA Live on July 15, 2009 in Los Angeles, California. The 17th annual ESPYs will air on Sunday, July 19 at 9PM ET on ESPN. (Photo by Kevork Djansezian/Getty Images for ESPY)
Jared 'The SUBWAY Guy' Fogle attends Go Red For Women The Heart Truth Red Dress Collection fashion show during Mercedes-Benz Fashion Week at The Theatre at Lincoln Center on February 6, 2014 in New York City. (Photo by Astrid Stawiarz/Getty Images)

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