New York, NY – The grim reaper of greed has descended upon the city. Keith Taylor, the once-sainted founder and CEO of a charity aimed at aiding low-income families, now finds himself ensnared in a web of embezzlement and tax evasion, facing federal charges for defrauding millions.
According to the United States Attorney’s Office for the Southern District of New York, Taylor is accused of siphoning off nearly $2.5 million in donations designated for destitute families. Instead of distributing this aid, he splurged on luxury living: a penthouse rent at midtown Manhattan’s finest addresses, gourmet meals at NYC’s most exclusive restaurants, and even cosmetic surgeries.
‘Taylor’s facade as a do-gooder crumbles under the weight of his alleged greed,’ said U.S. Attorney Damian Williams. ‘He took money meant for those on the brink of homelessness to fund his extravagant lifestyle, leaving many in need high and dry.’
The Complaint details Taylor’s lavish spending: over $320,000 at New York City eateries, $300,000 in rent for a luxury apartment, $100,000 on food delivery services, and tens of thousands more on electronics and his own美容手术.
‘Taylor’s actions were both brazen and despicable,’ added Thomas Fattorusso, Special Agent in Charge of the IRS-CI. ‘He not only exploited his charity but also betrayed the trust of his donors and the vulnerable families he purported to help.’
The Complaint further alleges that Taylor created a fictitious board of directors, using the identities of acquaintances who were unaware of their supposed roles, to mask his embezzlement. Additionally, he dodged taxes for several years, leaving the federal government holding the bag for his personal gain.
Taylor, 56, now faces one count of wire fraud, carrying a maximum sentence of 20 years in prison, along with charges for aggravated identity theft. His arraignment is set before U.S. Magistrate Judge Sarah L. Cave, where justice will be served on the man who took charity to a new low.
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Key Facts
- State: New York
- Agency: DOJ USAO
- Category: Public Corruption|White Collar Crime
- Source: Official Source ↗
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