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International Business Times UK
International Business Times UK
Business
Niloy Chakrabarti

LA Homeless Charity CEO Misused $23M of Public Money to Fund Lavish Lifestyle

Soofer allegedly received over $23 million in homeless housing funds from 2018 to 2025. (Credit: U.S. Attorney's Office for the Central District of California)

The CEO of the Los Angeles-based nonprofit Abundant Blessings, Alexander Soofer, was arrested last week at his $7 million (£5.1 million) residence on federal and state fraud charges. Prosecutors allege that Soofer lived a lavish lifestyle funded by approximately $23 million (£16.8 million) of public money that was intended to support homeless individuals in the city.

First Assistant US Attorney Bill Essayli stated that Soofer even purchased his home using these funds, which were designated for the Los Angeles homeless services. The non-profit was contracted with the LA Homeless Services Authority (LAHSA) to utilise taxpayer money for providing shelter and three meals a day to over 600 homeless residents.

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