Over 1,000 people caring for loved ones with special needs learned a nonprofit they trusted with their money lost more than $100 million, including a Colorado family
AURORA, Colo. — The letter Milt McMinn opened earlier this year brought terrible news to a father who had thought he’d become accustomed to terrible news.Seven years after a disgruntled customer shot his son in the face inside an Aurora car repair shop, the letter informed Milt that most of the money that had been set aside to care for his son was missing under what the letter called “unusual circumstances.
“This trust isn’t for wealthy people. It’s not a trust for people buying yachts. It’s set up for people in situations like my son that really need the money just to survive,” Milt said. Chase requires a constant level of care. Years ago, through a pair of settlements with insurance and workmen’s compensation, Milt secured six figures to help provide long-term care for his son.
In addition, according to court records, those loans had started to come due in 2017. There had been “no meaningful attempt to repay” those loans, according to a filing.
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