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Prosecutor Calls Newsom 'King of Fraud' for Oversight Failures
Federal charges target real estate executives for grant misuse amid claims $24 billion in homelessness funds lack proper accounting, says lead prosecutor.
- Facing a statewide probe, Essayli told a national TV audience that California spent $24 billion on homelessness over five years and cannot account for those funds, with no comment from the DOJ.
- Essayli launched a task force in April to investigate and described recent indictments as the `tip of the iceberg`, saying more charges are likely later this month amid federal fraud charges.
- Federal filings show Cody Holmes, 31, Beverly Hills, former Shangri-La Industries CFO, was charged with mail fraud tied to Thousand Oaks grant money, and Steven Taylor, 44, Brentwood, faces multiple bank fraud counts.
- With federal prosecutors involved, officials offered limited comment as Governor Gavin Newsom's press office claimed Newsom has `BLOCKED $125 billion in fraud`, while the U.S. Department of Justice had no additional comment.
- Amid the controversy, Republican legislators in Sacramento argued for oversight on taxpayer-funded homelessness programs and said officials must be accountable and track spending results.
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Prosecutor calls Newsom 'king of fraud' for oversight failures
(The Center Square) – U.S. First Assistant Attorney Bill Essayli Thursday called California Gov. Gavin Newsom “the king of fraud,” accusing him of a lack of oversight on spending to
·Calhoun, United States
Read Full ArticleFederal prosecutor calls Newsom ‘king of fraud’ as Trump launches California corruption probe
First Assistant U.S. Attorney for the Central District of California Bill Essayli criticized California Gov. Gavin Newsom over a lack of oversight, branding him the "king of fraud."
·New York, United States
Read Full ArticleCoverage Details
Total News Sources25
Leaning Left4Leaning Right6Center4Last UpdatedBias Distribution43% Right
Bias Distribution
- 43% of the sources lean Right
43% Right
L 29%
C 28%
R 43%
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