Federal Prosecutors Say LA Homeless Charity Boss Scammed $23 Million in Taxpayer Funds for Luxurious Lifestyle.
A wealthy Los Angeles resident and former director of Abundant Blessings charity organization has been accused by the US Attorney's Office of siphoning millions in taxpayer cash intended to combat homelessness, with at least $10 million going straight into his pockets.
Alexander Soofer allegedly used the stolen funds to purchase a luxurious mansion worth $7 million, along with expensive vehicles and private education for his children. The former charity chief also spent lavishly on international travel and exclusive vacations.
According to First Assistant US Attorney Bill Essayli, California has become notorious for rampant fraud, waste, and abuse of public funds, particularly in addressing homelessness issues. He stated that billions of dollars have been disbursed by the state without significant results or adequate oversight.
Soofer was charged with wire fraud after he misappropriated millions in public funds, including $17 million from Los Angeles Homeless Services Authority. The former charity executive allegedly fabricated payments to vendors for homeless housing services and misled LAHSA about how he utilized the funds.
Assistant Director Akil Davis of the FBI's Los Angeles Field Office stated that Soofer prioritized his personal gain over decency and respect for the law, highlighting a broader issue of widespread abuse of public funds by individuals who exploit taxpayer dollars to fund their lavish lifestyles.
Essayli emphasized that millions of dollars in taxpayer funds should be directed towards addressing pressing social issues such as homelessness. However, this money is instead lining the pockets of fraudsters like Soofer if convicted, he would face up to 20 years in federal prison.
A wealthy Los Angeles resident and former director of Abundant Blessings charity organization has been accused by the US Attorney's Office of siphoning millions in taxpayer cash intended to combat homelessness, with at least $10 million going straight into his pockets.
Alexander Soofer allegedly used the stolen funds to purchase a luxurious mansion worth $7 million, along with expensive vehicles and private education for his children. The former charity chief also spent lavishly on international travel and exclusive vacations.
According to First Assistant US Attorney Bill Essayli, California has become notorious for rampant fraud, waste, and abuse of public funds, particularly in addressing homelessness issues. He stated that billions of dollars have been disbursed by the state without significant results or adequate oversight.
Soofer was charged with wire fraud after he misappropriated millions in public funds, including $17 million from Los Angeles Homeless Services Authority. The former charity executive allegedly fabricated payments to vendors for homeless housing services and misled LAHSA about how he utilized the funds.
Assistant Director Akil Davis of the FBI's Los Angeles Field Office stated that Soofer prioritized his personal gain over decency and respect for the law, highlighting a broader issue of widespread abuse of public funds by individuals who exploit taxpayer dollars to fund their lavish lifestyles.
Essayli emphasized that millions of dollars in taxpayer funds should be directed towards addressing pressing social issues such as homelessness. However, this money is instead lining the pockets of fraudsters like Soofer if convicted, he would face up to 20 years in federal prison.