Breaking news from ABC News:
The California Attorney General’s Office of Charitable Trust is investigating the Farrah Fawcett Foundation for potential mismanagement of funds, diversion of assets, and fraud, ABC News has learned exclusively through numerous sources including Fawcett’s longtime friend and former college boyfriend Greg Lott.
The foundation became active after Fawcett’s death in June 2009 from her long and much-publicized battle with cancer, according to attorney Jane Peebles, counsel to the foundation.
ABC News has been told both the Farrah Fawcett Foundation and the Farrah Fawcett Living Trust, which funds the foundation, have been notified and ordered to turn over their financial records and estate planning documents. Sources also say they were given 60 days to com