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Former DC nonprofit directors plead guilty to stealing funds [Video]

According to court documents, the two directors made hundreds of personal purchases using the now-defunct nonprofit DC Trust’s funds.

WASHINGTON —

Two men, who once served as directors at a now-defunct D.C. nonprofit, have pleaded guilty to stealing at least $155,000 combined from their organization’s local children’s scholarship fund.

Former Executive Director Edward Davies and the former Director of Operations and Finance Earl Hamilton, who worked at the nonprofit organization formerly known as The DC Trust, each pleaded guilty Wednesday to one felony charge for stealing the nonprofit’s funds.

According to the plea documents, from at least November 2015 to February 2016, Davies and Hamilton perpetrated a scheme that involved using DC Trust credit cards and a check card to make hundreds of personal purchases. 

Instead of money going towards providing children with scholarships, the two spent funds on their own meals, car repairs, and personal travel for family and friends, according to plea documents; funds that the D.C. government and …

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Charities webinar – Contract exposure: managing risks in legally binding agreements [Video]
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Charities webinar - Contract exposure: managing risks in legally binding agreements [Video]

On Wednesday 11 May, Edward Bouckley delivered the next webinar in our charities bite size series. In the webinar Edward looked at some of the key aspects of managing risk when entering into commercial contracts. He discussed:• What risk management is.• What risk is and why properly managing it is so important to charities.• Some of the ways risks can be managed in contacts.Edward also looked at some of the steps that you can take to better protect your charity when entering into contractual arrangements.Here are the timestamps to help guide you through this webinar:0:52 Birketts at a glance1:18 What we will cover today2:09 What is risk management?3:07 What is risk and why is it important?3:59 Contractual risk5:58 Identifying risk10:05 Written contracts11:34 Assessing Risk13:10 The danger of "pre-contractual" agreements14:27 A cautionary tale16:21 Rights and obligations17:51 Risk - allocating and controlling18:48 Transferring risk: indemnities20:00 Controlling risk: limitation of liability21:29 Practical tips23:18 QuestionsThe webinar ended with a Q&A. Disclaimer: The content of this webinar is for general information only. It is not, and should not be taken as, legal advice. If you require any further information in relation to this webinar please contact us in the first instance. Law covered as at May 2022. Meet our expert, Edward Bouckley: https://www.birketts.co.uk/our-lawyers/norwich/edward-bouckleyContact us at: https://www.birketts.co.uk/contact-usSign up to future webinars: https://www.birketts.co.uk/events​​​​ To ensure that you are invited to future webinars and receive our newsletters please opt in to our mailing lists and select the appropriate areas of interest. https://www.birketts.co.uk/register