A federal investigation into homelessness funding fraud has led to the arrest of a Beverly Hills man and felony bank fraud charges for a Brentwood man, in two separate cases.
Acting U.S. Attorney Bill Essayli said, “Accountability begins today,” as he announced the two criminal cases on Thursday related to what he called the misappropriation of millions of state funds intended to combat homelessness.
He noted that “California has spent more than $24 billion over the past five years to address homelessness,” and the recently formed Homelessness Fraud and Corruption Task Force is investigating where the tax dollars intended to solve homelessness ultimately ended up…