Head of LA homeless nonprofit charged with pocketing millions, splurging on luxuries including a Hermès jacket and a trip to Vegas [Business Insider]
RH (RH)
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Source: Business Insider
Carlos Barria/REUTERS This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Alexander Soofer, manager of an LA-based housing program, is being charged with wire fraud. Investigators accuse Soofer of using $10 million in homeless program funds for personal spending. Investigators say Soofer bought luxuries, including a Hermès jacket and a house in Greece. Authorities have found that some funding to combat homelessness in California has instead ended up in Greece. The Federal Bureau of Investigation has accused Alexander Soofer, manager of LA-based housing organization Abundant Blessing, of "a years-long scheme to defraud the City and County of Los Angeles and other public entities providing funding for homeless housing According to a complaint filed on Friday, while paying his staff "minimal wages" and feeding residents at his housing sites "ramen noodles, canned beans, and breakfast bars,"
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