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Tag: American Red Cross

EDITORIAL: Another Dark Day For ‘Asteria Foundation’ And Related Entities As American Red Cross Issues Statement Suggesting It Was Duped: ‘We Have No Record Of Receiving A Donation From This Organization And Have Not Partnered With Them’ On Japan Earthquake Relief ‘Or Any Other Projects’

UPDATED 9:36 P.M. EDT (U.S.A.) The American Red Cross is a national treasure whose powerful and noble name never should be diluted or trifled with. But it is now apparent that various Club Asteria-related entities have done exactly that by not revealing certain critical information to the Red Cross while at once shamelessly seeking to…

Nov 4, 2011
UPDATE: No Updates On Club Asteria Blog Since Oct. 15, No ‘News’ Site Updates Since Sept. 12; Firm Continues To Publish Red Cross Logo In House Organ And On Purported ‘Philanthropic’ Site Despite Cease-And-Desist Letter; 2008 Cash-Gifting Video With Hank Needham Emerges

Is anybody at home at Club Asteria and the purported Asteria Philanthropic Foundation? And where, precisely, is home? The Club Asteria Blog on a .US domain has not been updated since Oct. 15. In the recent past, the Blog had been updated approximately every three (or so) days, according to the date notations on the…

Oct 31, 2011
URGENT >> BULLETIN >> MOVING: American Red Cross Sends ‘Cease-And-Desist’ Letter To Asteria Foundation

URGENT >> BULLETIN >> MOVING: The American Red Cross, which opened a probe last week into the potential misuse of its name and logo by the Asteria Philanthropic Foundation, has sent the foundation a letter to cease and desist. Anne Marie Borrego, a spokeswoman for the Red Cross in Washington, D.C., said this morning that…

Oct 26, 2011
UPDATE: Neither Asteria Philanthropic Foundation Nor Asteria Foundation Listed As Charities In Virginia Database, State Says

UPDATED 3:35 P.M. EDT (U.S.A.) There are no listings in a state database for either the Asteria Philanthropic Foundation or the Asteria Foundation, the Virginia Department of Agriculture and Consumer Services said this morning. The agency, which did not respond immediately to a request for additional comment on Club Asteria-related matters, oversees charitable entities in…

Oct 24, 2011
Authorities In Virginia Neither ‘Confirm [N]or Deny’ That Investigation Into Club Asteria Is Under Way; Firm Whose Growth Was Fueled On Ponzi Boards Before Cashout Suspension And CONSOB Probe Is Not Registered To Sell Securities In The State

UPDATED 4:14 P.M. EDT (U.S.A.) Club Asteria, the offshoot of Virginia-based Asteria Corp. and the apparent braintrust behind an emerging entity known as the Asteria Philanthropic Foundation, is not registered to sell securities in Virginia, the state said Thursday. Neither is Asteria Corp., according to state records. Citing confidentiality laws, the state declined to say…

Oct 22, 2011
BULLETIN: General Counsel’s Office Of American Red Cross Investigating Potential Case Of Brand Leeching By Club Asteria After Red Cross Logo Appears On Purported ‘Philanthropic’ Site And Inside Club Asteria’s October House Organ

BULLETIN: The Office of the General Counsel of the American Red Cross in Washington, D.C., has opened a probe into the potential misuse of the Red Cross logo and name by Club Asteria and an entity known as the Asteria Philanthropic Foundation or the Asteria Foundation. Depending on how the investigation evolves in the coming…

Oct 20, 2011