The Boy Scouts of America has filed for bankruptcy amid allegations of rampant sexual abuse by Scout leaders, employees and volunteers.

According to a statement made by the Boy Scouts of America president Roger Mosby,“The BSA cares deeply about all victims of abuse and sincerely apologizes to anyone who was harmed during their time in Scouting. We are outraged that there have been times when individuals took advantage of our programs to harm innocent children,”

“While we know nothing can undo the tragic abuse that victims suffered, we believe the Chapter 11 process ― with the proposed Trust structure ― will provide equitable compensation to all victims while maintaining the BSA’s important mission,” Mosby’s statement continued.

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