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flag Two LA officials charged with stealing millions in housing relief funds meant for the homeless.

flag Two individuals in Los Angeles have been charged in federal cases involving fraud against affordable housing and homelessness relief funds. flag Cody Holmes, a former CFO, is accused of using false records to obtain $26 million meant for Project Homekey, diverting the money to personal expenses without completing the project. flag Steven Taylor, a developer and real estate agent, was charged with bank fraud, identity theft, and money laundering after allegedly flipping a property using public funds and selling it for more than double its value. flag Both cases involve misuse of public money intended for vulnerable populations. flag The FBI and U.S. Attorney’s office are investigating, and Mayor Karen Bass reaffirmed her administration’s “zero tolerance” stance on corruption.

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