The director of a Los Angeles-based charity is accused of stealing no less than $10 million from a trove of money that was meant to assist the homeless.
The U.S. Division of Justice says 42-year-old Plentiful 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 youngsters, non-public jet journey and stays at luxurious resorts.
Federal prices embody wire fraud, with as much as 20 years if convicted. State prices add 11 counts of battle of curiosity, two counts of providing false proof and 5 counts of forgery.
First Assistant United States Lawyer Invoice Essayli says the arrest highlights a renewed concentrate on fraud in California.
“California is the poster baby 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 virtually no oversight.
Fortunately, the federal authorities has begun auditing California’s spending and at present’s is only one instance of how fraudsters have swindled tens of millions of {dollars} from taxpayers. This cash ought to have gone to these in want, as a substitute in strains the pockets of people subsidizing their lavish way of life.”
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