Venice Beach News Today | 2 Min News | The Daily News Now!
Twelve million dollars in homeless aid vanished—stolen by three LA nonprofits for vacations, vintage cars, and nightclubs. Prosecutors say shell companies, bribes, and fake services fueled the heist. One leader funneled $7.5M to Tahiti and a nightclub; another spent $1.2M on games and family bills. A fourth pleaded guilty for $2M in phantom services. This isn’t an isolated case—just days after 12 others were charged for stealing childcare funds. Authorities warn this is only the beginning of a crackdown on taxpayer theft amid LA’s massive homelessness crisis.
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This is an automated, high-level news summary based on public reporting.
Sources:
https://spectrumnews1.com/ca/la/homelessness/2026/09/16/homelessness-aid-southern-california
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