Howard Solomon, the former executive director of the East Oakland Boxing Club, has pleaded guilty to embezzling over $500,000 from the nonprofit organization, including a significant $50,000 donation from Steph and Ayesha Curry. The funds were intended to support local youth but were misappropriated for Solomon's personal use, covering expenses that included vacations and luxury vehicles. He has been charged with tax evasion and mail fraud, and as part of his plea, Solomon will repay the misappropriated amounts and settle unpaid taxes with the IRS, pending formal sentencing by the court.
Solomon admitted in court to embezzling hundreds of thousands from the nonprofit, including $50,000 from famous philanthropists Steph and Ayesha Curry.
From 2019-2021, he engaged in embezzlement while serving as executive director, spending funds on personal expenses like vacations, luxury cars, and Amazon purchases.
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