Wounded Warrior Project Fires Top Two Executives

[The River]

Amid Reports of Lavish Spending.

The top two executives at the prominent veterans charity Wounded Warrior Project have been fired amid allegations of extravagant spending on themselves and their employees.

The charity, one of the largest in the nation for veterans, has been mired in controversy since January, when a CBS News investigation found many of its donations were going toward employees: $26 million on company conferences in 2014 alone, according to CBS News.

Of the millions of dollars in donations received each year by Wounded Warrior Project, just 54 to 60 percent actually goes to vets, CBS News reported. The rest goes to overhead — air travel, luxury resorts, and over-the-top parties. Other veterans charities have overhead costs that don't exceed 10 or 15 percent, CBS said.

http://www.nbcnews.com/news/military/wounded-warrior-project-fires-top-two-executives-amid-reports-lavish-n536606