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flag Two California real estate executives charged with fraud for misusing Project Homekey funds meant to fight homelessness.

flag The U.S. Department of Justice has charged two California real estate executives with fraud involving Project Homekey funds meant to combat homelessness. flag Steven Taylor, 44, faces multiple counts for using fake bank statements to buy a Cheviot Hills property for $11.2 million and reselling it for $27.3 million to a nonprofit using state funds, allegedly concealing a double-escrow deal. flag Cody Holmes, 31, former CFO of Shangri-La Industries, was arrested for allegedly submitting false financial records to secure $25.9 million in grants, diverting funds to personal luxury expenses. flag Both cases are part of a broader investigation into misuse of taxpayer dollars, with prosecutors vowing aggressive enforcement.

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