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The Nation

January 22, 1987

Federal prosecutors in Chicago charged two former Goodwill Industries executives with racketeering, mail fraud and tax violations for alleged real estate scams in which they diverted $500,000 from the charity. U.S. Atty. Anton Valukas announced the 20-count indictment against Harry Woodward, 53, former executive director of Goodwill, and Herman Raye, 65, of Las Vegas, a former associate director. They are accused of diverting profits made from donations of commercial and private property to Goodwill from 1980 to 1985.

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