Great Neck Couple Admits Pocketing $500K from Fake Charity

Prosecutors say a New York couple has admitted running a phony breast cancer charity, pocketing $500,000.

David Winston pleaded guilty Tuesday to one count of grand larceny in a Nassau County courtroom. Under a plea deal, he faces up to 6 years in prison. His wife, Mindy, will get probation after pleading guilty to falsifying business records.

Attorneys for both defendants say they are "extremely remorseful."

State Attorney General Eric T. Schneiderman says the Great Neck couple ran the Coalition for Breast Cancer Cures, Inc. Prosecutors say they diverted more than $500,000 in donations for extravagant travel, shopping, and personal expenses.

In June, Schneiderman announced a lawsuit against a separate Long Island-based breast cancer charity, accusing it of spending virtually none of $9.1 million raised for breast cancer.