"More than £3 billion of taxpayers` cash is being pumped into some of Scotland`s biggest charities each year. A major Scottish Daily Mail investigation has uncovered a vast network of charitable organisations effectively promoting government policy while being bankrolled at public expense."
"Many of these supposedly not-for-profit enterprises can barely raise a penny in donations, yet they are able to pile up enormous surpluses worth millions of pounds, using the excess cash to accumulate lucrative property portfolios - and even invest in hedge fund schemes."
"The Mail`s findings blow apart the traditional image of charities as reliant on the goodwill of donors and staffed by volunteers."
"Most of Scotland`s charity funds are now raised behind closed boardroom doors by chief executives on sky-high salaries and gold-plated pensions. Our investigation has identified: The `third sector`fat cats taking home six-figure salaries and bumper pensions..."
"[T]axpayers` money is spent creating `sock puppet` charities to prop up SNP policies such as the Named Person scheme."
https://www.pressreader.com/
Let`s not forget the many not-for-profits springing up south of the border and across Europe. This is a global racket.
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