The director of a Los Angeles-based charity is accused of stealing at least $10 million from a trove of cash that was meant to help the homeless.
The U.S. Department of Justice says 42-year-old Abundant Blessings CEO Alexander Soofer received more than $23 million in homeless housing funds between 2018 and 2025.
But he allegedly used a huge chunk of the cash to buy a $7 million house in Westwood, a $125,000 Range Rover, private school tuition for his children, private jet travel and stays at luxury resorts.
Federal charges include wire fraud, with up to 20 years if convicted. State charges add 11 counts of conflict of interest, two counts of offering false evidence and five counts of forgery.
First Assistant United States Attorney Bill Essayli says the arrest highlights a renewed focus on fraud in California.
“California is the poster child of rampant fraud, waste, and abuse of tax dollars. The state has facilitated the spending of billions of dollars to combat homelessness, with little to show for it and almost no oversight.
Thankfully, the federal government has begun auditing California’s spending and today’s is just one example of how fraudsters have swindled millions of dollars from taxpayers. This money should have gone to those in need, instead in lines the pockets of individuals subsidizing their lavish lifestyle.”
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The post Los Angeles Charity Director Accused of Stealing $10,000,000, Spending Funds for Homeless on Lavish Lifestyle appeared first on The Daily Hodl.
The director of a Los Angeles-based charity is accused of stealing at least $10 million from a trove of cash that was meant to help the homeless. The U.S. Department of Justice says 42-year-old Abundant Blessings CEO Alexander Soofer received more than $23 million in homeless housing funds between 2018 and 2025. But he allegedly
The post Los Angeles Charity Director Accused of Stealing $10,000,000, Spending Funds for Homeless on Lavish Lifestyle appeared first on The Daily Hodl. Scams, Hacks & Breaches, California, charity, fraud, Homeless, los angeles, News
This articles is written by : Nermeen Nabil Khear Abdelmalak
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