Nonprofit CEO liable for misuse of aunt’s funds

The CEO of a nonprofit has been held personally liable for misuse of funds improperly transferred from his aunt’s account to the organization and used by the CEO for his personal benefit. The Court of Appeals of Mississippi has affirmed a trial court decision finding the CEO liable for $218,000 in damages to his aunt.

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Nonprofit CEO liable for misuse of aunt’s funds

Nonprofit CEO liable for misuse of aunt’s funds