Chasing Quadriga News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> we've now learned in our investigation those stories were totally fabricated, that the foundation never helped the veterans. >> quadriga will pay a fine and forgive $13 million in debt still owed it. all right so now you're getting back to me, is there going to be an interview? cnn has been chasing quadriga and the disabled veterans foundation for years ever since we found out these two groups, one a company, one a charity, had been taking your generous donations to our nation's disabled veteras and pocketing almost all of the money. we're doing a story on quadriga arts. quadriga, the inves...

Foundation. cnn has been chasing quadriga and veteran's national foundation for years, ever since we found out these two groups, one a company, one a charity, have been taking your generous donations to our nation's disabled veterans and pocketing almost all of the money. >> we are doing a story on quadriga. we're cnn. >> the investigation discovered quadriga had almost total control over the charity. the charity was just a scheme. >> they used their council to advise the charity. quadriga put up the money for the campaign but then it had total control and discretion over the funds going in. >...

Front so would-be charity understand just how much of the donated money, your donated money, quadriga will keep for itself. >> the donor's intent was to help disabled veterans and take money people are trying to spend just to feed your own overhead and to pay your executives off as quadriga did here. it is pretty despicable. >> announcing that an uncle who helped run the company, has resigned. his nephew is running the company, mark shuloff. he said we have taken responsibility for mistakes made. we deeply apologize for our actions and have taken steps to ensure that this situation will never ...