Jirard's words were unambiguous over the years, though. It was always "we're working with..." or "we've donated to..." and not "we're looking at these charities". I don't know what the rationale for hanging on to that money was, whether it was for the right reasons or not. What I do know is that people were lied to. It doesn't matter if he intended to or not. It's not a good spot to be in, and I can't imagine it gets much better from here. The whole thing felt very much like w crypto scam, except the money was still available, but there was a whole lot of "trust me, bro" and misrepresentation of what was happening behind the scenes.

How many years of research do you need in order to pick the charity or university you want to fund? How many times do you repeat the lies (with numbers!) without even knowing what your own charity is doing? I wouldn't be surprised if there was a different reason they hung on to the money, because this doesn't pass the sniff test. Where there's smoke there's fire.