Tom Henderson has resigned from his position as a trustee of Shelter for Humanity, less than two months after launching the new charity.
His resignation comes after Mr Henderson, the founder and ousted chief executive of Helston-based ShelterBox, his first charity, was arrested two weeks ago on suspicion of committing fraud and money laundering offences following a raid on his home.
His son and a third man were also arrested, with all three bailed until December.
In April Mr Henderson launched Redruth-based disaster relief charity Shelter for Humanity, registered with the Charity Commission under the name The Jane Henderson Foundation, in memory of his late wife.
This week a spokesperson for the charity commission said: “We’re aware of the ongoing police investigation and the arrest of one of the trustees. We contacted the charity and they have informed us that the trustee has since resigned from his position at the charity.
“At the time that the foundation applied to be registered, the application raised concerns with our registration team as the listed chair of trustees was known to the commission to be a dismissed CEO of another charity.
“As a charity defined in law and with trustees who at that time were eligible for trusteeship, the commission was obliged to register the foundation. However, we have been carefully monitoring the charity since.”
The spokesperson added that the commission continued to be in contact with the remaining trustees of the charity and have asked for further information from them in light of the commission’s concerns about the charity.
“As far as we are aware the charity is still operating with the other trustees still in place,” the spokesperson added.
A spokesperson for Shelter for Humanity refused to comment on Mr Henderson’s resignation.