News From Transplant Week of May 26, 2002 / Vol. 3 No. 21

 

Founder of Transplant Organization Admits Diverting Revenues

 

The founder of what is now a national charity that helps pay for organ transplants for children has admitted skimming more than $75,000 from the organization -- with which he is no longer involved -- in the mid-1990s.

David Cain, 61, of Bloomington, IN, pleaded guilty in federal court to charges stemming from diversion of revenues from bingo games held to raise funds for the organization from 1996 to 1998.

Cain, who founded the Children's Organ Transplant Asssociation in 1986 to help one 2-year-old Indiana child, resigned from the organization in 1998 when the investigation began, and is scheduled for sentencing on August 30th.

COTA issued a statement saying it is "focused on the future," and is broadening its efforts to promote organ transplants.

"We're 10 times stronger than when I started," said Richard Lofgren, who took over as chief executive officer in September 1998. "We're helping many more patients than ever in the past."

Lofgren said the organization has expanded its focus to include assisting organizations around the country with their own fund drives and providing matching grants for transplant patients.

Other sources: Indianapolis Star