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flag SantaCon organizer charged with federal wire fraud for diverting $3 million to personal use.

flag 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. flag 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. flag The accused pleaded not guilty and faces up to 20 years in prison if convicted.

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