When Acting U.S. Attorney Bill Essayli set up a Homelessness Fraud & Corruption Task Force, there was never a question about whether it would find fraud and corruption. The only question was whether the FBI would have enough handcuffs for everybody.

The arrests began last month. Of course, everyone accused is presumed innocent until proven guilty in a court of law.

On October 16, the U.S. Department of Justice sent out a press release announcing “the arrest of the former chief financial officer at a downtown Los Angeles-based developer of affordable housing and criminal charges against a Brentwood man who defrauded lenders to aid his property-flipping business, including a Cheviot Hills home that he sold to a homeless housing developer for more than double his original purchase price.”

See Full Page