More homeless money laundering fraud in California
— Wall Street Apes (@WallStreetApes) November 12, 2025
New homeless shelter building was purchased in 2023 for $11 million. Just 10 days later it was sold for $27 million to a Los Angeles NGO
The new homeless shelter is set to open “despite the property being tied to a federal… pic.twitter.com/VUDIj8JstN
More homeless money laundering fraud in California
New homeless shelter building was purchased in 2023 for $11 million. Just 10 days later it was sold for $27 million to a Los Angeles NGO
The new homeless shelter is set to open “despite the property being tied to a federal investigation and one arrest”
Taxpayer money was then continued to be spent to renovate the property “I assumed at that point that the city would mandate that the current owner stop operating, stop spending taxpayer money on the daily renovation”
“LA Councilmember Katie Juraslowski's office says they had no role in selecting or financing the site” (which is an outright lie since the NGO is taxpayer funded)
The Weingart Center (the NGO that purchased the Cheviot Hills property) is significantly taxpayer-funded, though it is a private 501(c)(3) nonprofit, not a government agency.
Funding to the NGO
- City of Los Angeles gave the NGO $20.5 million, Direct city allocation (taxpayer-funded)
- California Homekey Program gave the NGO $26.6 million state funded by state bondsPeople need to go to prison. Immediately
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Damn. What theft.