Bad Santa: SantaCon bar crawl organizer charged in $1 mn fraud
Stefan Pildes, head of SantaCon, embezzled more than half of the roughly $2.7 million raised between 2019 and 2024, prosecutors said in a statement.
He spent hundreds of thousands of dollars remaining in the nonprofit organization's accounts on personal expenses, the Justice Department said.
He allegedly used the cash to fund major renovation work on a lakeside property in New Jersey, concert tickets, luxury vacations, lavish meals, and a luxury vehicle, prosecutors allege.
FBI Assistant Director in Charge James C.