""Solomon used the embezzled funds and donations to pay for personal expenses that had no connection to his job," stated the U.S. attorney's office."
"The $549,000 worth of embezzled funds included a $50,000 donation from Stephen and Ayesha Curry, which Solomon deposited into his personal account."
Howard Solomon, a former executive director of the East Oakland Boxing Association, pleaded guilty to embezzling over $549,000 from his organization, which serves disadvantaged youth. The fraud spanned from 2017 to 2021 and involved misappropriating significant donations, including a $50,000 contribution from Stephen and Ayesha Curry. Solomon had unrestricted access to the charity's accounts and used the stolen funds for personal expenses, including high-end purchases and vacations, while failing to report the embezzled money on his taxes, leading to substantial losses for the IRS.
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