Housing exec pleads guilty to bilking $23M in homelessness funds
A Los Angeles homelessness nonprofit executive is facing up to 20 years in federal prison after reportedly misusing public money to bankroll a lavish lifestyle. Alexander Soofer, 42, pleaded guilty to wire fraud on Oct. 15 after admitting he obtained $23 million in public funds intended to combat homelessness, at least some through fraud, Westside Current reported. The former head of Hyde Park-based nonprofit Abundant Blessings is scheduled to be sentenced April 7 and must forfeit ill-gotten money and assets under his plea agreement. Those funds, meant to house and feed vulnerable residents, instead went to things like a Westwood […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Newly built seaside mansion in Santa Barbara hits market for $23M
Inside New York Knicks Star Josh Hart’s $5.7 Million Florida Home
Jeff Hyland’s Beverly Hills mansion hits the market for over $23M
Actress Robin Givens Once Owned This $3.5 Million Home Above L.A.’s Sunset Strip
Trump’s White House Ballroom Reaches a Major Construction Milestone
When to Arrive at (and Leave) a Party, According to the Pros
Karen Bass concedes as real estate braces for what’s next with LA mayor-elect Nithya Raman
Victor Coleman’s Hudson Pacific Properties posts $218M loss
San Clemente compound’s $34M trade tops itself for new city record
The 2027 Met Gala Has a New Theme After the John Galliano Show Was Canceled
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
26895 Aliso Creek Rd, B-603, Aliso Viejo, California 92656, USA