The Boy Scouts of America filed for bankruptcy Tuesday in what it said was an effort to safeguard compensation payouts for sexual abuse victims BoyScout America Bankruptcy SexualAbuse
The organization has been accused of covering up generations of abuse inflicted on thousands of its young members and failing to do enough to root out paedophiles using the youth movement to prey on minors over its 110-year history.
The organization estimates liabilities of up to $1 billion, according to court filings lodged Tuesday. He also said files maintained by the Boy Scouts listed more than 7,800 alleged perpetrators of sexual abuse.
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