Keith Taylor, former CEO of Modest Needs Foundation, pleaded guilty to embezzling over $2.5 million intended to help low-income families. He misused charity funds for personal gain, spending over $300,000 on rent for a luxury apartment, upwards of $320,000 at high-end restaurants, and more than $100,000 on food delivery. Additionally, Taylor created a fake board of directors to conceal his actions. From 2017 to 2024, he failed to file income taxes, evading over $1 million owed to the IRS. A sentencing date is set for October 15.
Keith Taylor pleaded guilty to embezzling over $2.5 million from Modest Needs Foundation, spending donations on luxury living and avoiding over $1 million in taxes.
Taylor's misuse of charity funds included over $300,000 for luxury rent, more than $320,000 at high-end restaurants, and substantial personal expenses while evading tax.
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