Free Bonus: The Foundation (New Era Philanthropy)
Swindled
Swindled
4.6 • 10.3K Ratings
🗓️ 12 October 2025
⏱️ 31 minutes
🧾️ Download transcript
Summary
Originally published February 11, 2025.
A prominent Christian businessman operates a massive, "too-good-to-be-true," charity-based Ponzi scheme.
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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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