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Sarah Webber, Associate Professor of Accounting, University of Dayton

Before celebrating big gifts, charities must watch out for fake donors

A New York philanthropist and personal assistant to billionaires, Matthew Christopher Pietras, allegedly stole millions from his employers and donated large sums to prominent charities to maintain a facade of status, wealth and generosity.

Those schemes came to light when the Metropolitan Opera became aware that a US$10 million donation Pietras made in his own name used funds he had allegedly pilfered from a member of the Soros family which was among his employers.

The next day, May 30, 2025, Pietras was found dead. An investigation into the origin of his donations is underway.

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