Charity fundraiser investigated

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The Independent Online
The Charity Commissioners were yesterday investigating the organisation behind Aerobathon 94, which has gone into liquidation after a mass keep-fit event which was expected to raise pounds 3m with 100,000 people paying a pounds 10 fee and bringing in sponsorship attracted only 17,000 entrants.

A spokesman for the commissioners said the investigation was prompted by a charity which had not received money it had been promised from Aerobathon 93, which raised pounds 1m. The commissioners removed accounts and other records from Aerobathon Ltd's central London offices and froze its bank accounts.