"Davis was charged with 17 felonies and two misdemeanors in connection with a financial conflict of interest in city contracts worth more than $8.5 million, according to San Francisco District Attorney Brooke Jenkins."
"Funds from Davis' department were improperly spent, accepted gifts, and failed to disclose those gifts as required by law."
"Over the next few years, this contract was increased to nearly $1 million. This is relevant, not only due to the obvious conflict of interest, but also because as a fiscal sponsor for that nonprofit, Collective Impact, on a 12% fee for that contract, which totaled more than $100,000."
Sheryl Davis and James Spingola were arrested for financial conflicts of interest involving city contracts. Davis faces 17 felonies and two misdemeanors for improper spending and failing to disclose gifts. Spingola is charged with aiding Davis in these violations. Their contracts with Collective Impact, which received over $1.275 million from the city, raised ethical concerns. The Dream Keeper initiative aimed to support Black communities, but the contracts led to significant financial benefits for Collective Impact, highlighting the conflict of interest.
Read at ABC7 San Francisco
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