Howard Solomon, a 38-year-old former executive director of the East Oakland Boxing Association, is facing federal charges for allegedly siphoning funds, including a $50,000 donation from Steph and Ayesha Curry. Prosecutors state that Solomon misappropriated funds for personal use—such as purchasing an SUV and vacation property—while also filing false tax returns to conceal the embezzled money. If convicted, he could face 20 years in prison and substantial fines. The charges reflect significant concerns regarding financial integrity within nonprofit organizations.
Federal prosecutors claim Howard Solomon pocketed a $50,000 donation meant for a boxing club, leading to charges of mail fraud and tax evasion.
Solomon is accused of diverting funds from the East Oakland Boxing Association for personal expenses like an SUV and vacation, misusing donations from the Currys.
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