SEATTLE — Attorney General Bob Ferguson today filed a lawsuit to shut down six fake nonprofit entities posing as well-known, international organizations created by Ian Richard Hosang, a former stockbroker who has ties to the mafia. The lawsuit alleges that Hosang could be using the nonprofits to cover up illegal activity.
Hosang created six nonprofit entities in Washington: American Cancer Society of Seattle, American Cancer Society of Washington, American Red Cross of Seattle, American Red Cross of Washington, United Way of Seattle and United Way of Washington. None of these nonprofits are related to the legitimate, charitable organizations with the same or similar names.
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