(Baltimore, MD) -- A federal grand jury has indicted the former CEO of a Baltimore nonprofit for wire fraud and money laundering for making fraudulent COVID-19 CARES Act applications.
Forty-year-old Reginald Davis allegedly stole more than a million dollars in taxpayer money that Strong City Baltimore was supposed to use to help people suffering from the effects of the pandemic.
The feds say Strong City entered into an agreement with several other non-profits to deposit their funds into a dedicated account for safekeeping.
Instead, prosecutors say Strong City used the money for its own operations.
If convicted Davis faces up to 20-years in prison for wire fraud and 10 years each for two counts of money laundering.
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