LGBTQ+ Nonprofit Founder Ruby Corado Arrested for Fraud and Money Laundering

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Source: The Washington Post
LGBTQ+ Nonprofit Founder Ruby Corado Arrested for Fraud and Money Laundering
Photo: The Washington Post
TL;DR Summary

The founder of Casa Ruby, a nonprofit serving homeless LGBTQ youths, has been charged with money laundering and diverting $150,000 of pandemic relief funds to her personal bank accounts. Ruby Corado allegedly fled the United States after financial irregularities at the nonprofit became public and was arrested upon her unexpected return. She faces federal charges including bank fraud, wire fraud, and failure to report foreign bank accounts. Allegations include receiving over $1.3 million from relief programs and diverting funds to bank accounts in El Salvador, while the nonprofit faced financial struggles and legal action.

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