KEY POINTS
The Dorchester Hotel in London, UK

A fundraising organization has shut down amid a sexual harassment scandal involving attendees at an event held at London's Dorchester Hotel last week.

Trustees of the Presidents Club announced Wednesday that it would close after a Financial Times (FT) reporter went undercover at the men-only charity event held at the upscale hotel in the city's Mayfair neighborhood. Some of the more than 100 hostesses hired alleged that they were sexually harassed, the report said. More than 300 men attended, including those from the finance and real estate industries.