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Swindled

Bonus: The Foundation (New Era Philanthropy)

Swindled

A Concerned Citizen

True Crime, History, Documentary, Society & Culture

4.79.7K Ratings

🗓️ 12 October 2025

⏱️ 31 minutes

🧾️ Download transcript

Summary

A prominent Christian businessman operates a massive, "too-good-to-be-true," charity-based Ponzi scheme. –––-–---------------------------------------- BECOME A VALUEDLISTENER™ ⁠Spotify⁠ ⁠Apple Podcasts⁠ ⁠Patreon⁠ –––-–---------------------------------------- DONATE: ⁠SwindledPodcast.com/Support⁠ CONSUME: ⁠SwindledPodcast.com/Shop⁠ –––-–---------------------------------------- MUSIC: ⁠Deformr⁠ –––-–---------------------------------------- FOLLOW: ⁠SwindledPodcast.com⁠ ⁠Instagram⁠ ⁠Twitter.com⁠ ⁠TikTok⁠ ⁠Facebook⁠ Thanks for listening. :-) Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

This episode of Swindled may contain graphic descriptions or audio recordings of disturbing events which may not be suitable for all audiences.

0:09.9

Listener discretion is advised.

0:14.8

They bribe the government officials.

0:17.4

Clear violations of decades.

0:19.2

They long.

0:19.9

Clearly on half the ground. Payed of millions of taxpayer dollars that were wasted. Clear violations of federal state law. Clearly unethical.

0:21.0

Pade of claims of taxpayer dollars that were wasted.

0:24.0

Pays tens of millions of dollars,

0:25.7

or a billion dollars.

0:27.4

Dumbed up its books and records

0:28.8

by falsifying its books and records

0:31.6

responsible for the collapse of the entire system.

0:33.4

And in the control of some kind of swing, is that right? And my return isn't money like it is in the profit-making world.

0:46.3

My return as a grant maker is your ability to impact the needs of people.

0:51.3

The foundation for New Era Philanthropy was founded in 1989 by John G. Bennett Jr.

0:58.0

A former high school chemistry teacher turned to drug counselor who had become a successful

1:02.6

consultant and businessman. He was also a well-liked, an upstanding member of the Christian

1:07.8

community in the greater Philadelphia area, reportedly giving generously

1:12.1

and regularly to various charitable causes.

1:16.2

Such philanthropy spawned the idea for what would become John Bennett's most famous brainchild.

1:21.5

The foundation for New Era philanthropy was built specifically for people like him, kind-hearted

1:27.0

Christians who wanted to do good with

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