⏱ 3 min read
A New York City charity event turned out to be a giant scam. Stefan Pildes, the mastermind behind SantaCon, allegedly used the event to bilk over $1 million from attendees and local charities.
Organizers claimed the event would raise millions for charity, but instead, Pildes used the cash to fund his lavish lifestyle.
Prosecutors say Pildes took in over $1.5 million from SantaCon, but only gave a fraction of that to local charities.
The scam affected tens of thousands of people who thought they were supporting a good cause.
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📋 Key Facts
- Crime: White Collar Crime
- Defendant: New York
- Location: NY
- Source: DOJ Press Release
