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    Home»Markets»Los Angeles Charity Director Accused of Stealing $10,000,000, Spending Funds for Homeless on Lavish Life-style – The Each day Hodl
    Los Angeles Charity Director Accused of Stealing ,000,000, Spending Funds for Homeless on Lavish Life-style – The Each day Hodl
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    Los Angeles Charity Director Accused of Stealing $10,000,000, Spending Funds for Homeless on Lavish Life-style – The Each day Hodl

    By Crypto EditorFebruary 15, 2026No Comments2 Mins Read
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    The director of a Los Angeles-based charity is accused of stealing a minimum of $10 million from a trove of money that was meant to assist the homeless.

    The U.S. Division of Justice says 42-year-old Ample Blessings CEO Alexander Soofer acquired greater than $23 million in homeless housing funds between 2018 and 2025.

    However he allegedly used an enormous chunk of the money to purchase a $7 million home in Westwood, a $125,000 Vary Rover, non-public college tuition for his kids, non-public jet journey and stays at luxurious resorts.

    Federal fees embrace wire fraud, with as much as 20 years if convicted. State fees add 11 counts of battle of curiosity, two counts of providing false proof and 5 counts of forgery.

    First Assistant United States Legal professional Invoice Essayli says the arrest highlights a renewed give attention to fraud in California.

    “California is the poster little one of rampant fraud, waste, and abuse of tax {dollars}. The state has facilitated the spending of billions of {dollars} to fight homelessness, with little to point out for it and nearly no oversight.

    Fortunately, the federal authorities has begun auditing California’s spending and right this moment’s is only one instance of how fraudsters have swindled thousands and thousands of {dollars} from taxpayers. This cash ought to have gone to these in want, as an alternative in traces the pockets of people subsidizing their lavish way of life.”

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