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SantaCon organizer charged with federal wire fraud for diverting $3 million to personal use.
The organizer of New York City's SantaCon was arrested and charged with federal wire fraud for allegedly diverting nearly $3 million raised through the event for personal use instead of charitable causes.
Prosecutors claim the organizer misappropriated over half the funds for luxury expenses, including property renovations and high-end vacations, despite promoting the event as a charity-driven celebration.
The accused pleaded not guilty and faces up to 20 years in prison if convicted.
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Organizador de SantaCon acusado de fraude electrónico federal por desviar $3 millones para uso personal.