Federal prosecutors revealed that developer Stephen Taylor bought a property for $11 million, then quickly flipped it to the Weingart Center for more than double the price, all funded by public homeless money. Records show the deal was intentionally kept secret and included false information in grant applications and appraisals.
The FBI is now asking for public assistance as the U.S. Attorney’s Office begins tracking billions of dollars in missing and misused homeless funds.
In today’s video, we break down:
🔥 The hidden $27M deal that triggered the federal probe
🔥 How former State Senator Kevin Murray and Weingart Center became central to the scandal
🔥 Why Karen Bass’s office played a major role in recommending the property
🔥 The massive spike in taxpayer money flowing to certain nonprofits
🔥 Previous LA scandals: missing beds, fraudulent contracts, failed audits, and more
🔥 Why a federal judge is considering taking homelessness spending away from the city entirely
Los Angeles keeps claiming it has “zero tolerance” for corruption—but the evidence says otherwise. This is just the latest in a long line of scandals showing exactly why billions are spent and nothing gets better.
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