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Major DEI Non-Profit Files For Bankruptcy After Bosses Allegedly Stole Millions in Donor Funds

R. Dennis Kennedy and Hillary Clinton / Credit: National Diversity Council

A major DEI non-profit has filed for bankruptcy after its bosses allegedly stole millions in donor funds.

The National Diversity Council (NDC)l filed for bankruptcy earlier this month after its board members filed a lawsuit accusing founder R. Dennis Kennedy and other top employees of siphoning off millions in funds for their own benefit.

The lawsuit states:

This suit stems from Defendants’ years-long scheme to personally and improperly profit from NDC’s donations, staffing, resources, name, platform, and trademarks.

Defendants have misappropriated donor funds in numerous ways, including by unilaterally paying themselves large salaries, paying themselves as contractors, and paying non-NDC entities money that was then earmarked for the Defendants.

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