IRS Exposes NYC’s Fake Philanthropist

IRS Exposes NYC’s Fake Philanthropist
Matthew Christopher Pietras dazzled New York’s elite with lavish galas, six-figure donations, and a glamorous public image — but it was all built on stolen money. When $15 million went missing, the IRS stepped in and uncovered the truth.

In this video, you’ll see how even charitable giving can create tax nightmares if not properly documented, and how tools like donor-advised funds can protect your generosity.

Timestamps
00:00 – Intro: How a “philanthropist” fooled NYC’s elite
00:35 – The dangers of generosity without safeguards
01:42 – IRS focus on documentation
02:04 – Donor-advised funds explained
02:27 – Tax traps of misused donations
03:15 – Protecting your giving
03:33 – Final takeaway: Give wisely, give safely
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