A judge has appointed a bankruptcy trustee to take control of PipeVine, the donation-processing agency that admits it skimmed millions of dollars from gifts to cover operating costs.
The state attorney general´s office yesterday asked San Francisco Superior Court Judge Ronald Quidachay to dissolve the non-profit and appoint a certified bankruptcy trustee or set a hearing. A spokesman for the attorney general says the judge´s action means the process has begun for getting the charities the money they´re owed.
PipeVine handled charitable donations for 600 companies, mostly in the San Francisco Bay Area. Among them were Wells Fargo and ChevronTexaco. The company processed donations to thousands of charities.
This post was last modified on 01/31/2009 4:51 pm