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This is one convoluted doozy of a story.

Meet Cody Holmes, the 25-year-old “CFO” who scammed California’s housing department out of millions while partying like a rapper on steroids and claiming “COVID hardship” in order to skate out of his rent. This is the perfect Cali story: fake progress, fake empathy, and a very real mountain of stolen taxpayer cash that was meant for the homeless.

READ MORE: BOOM: All the lies about Nord Stream Pipeline explosion finally blew up…

It all started with a landlord just trying to get his house back.

This viral X post says it all. The playboy rolls up in a lime-green Bentley with his influencer girlfriend and a micro-poodle, stopped paying rent, and then sent his landlord a PDF from the county claiming “COVID-related income loss.” All the while, he’s jetting to Paris, Vegas, and Tulum, and flooding Instagram with champagne and diamonds. When he finally left, the landlord celebrated, until the wannabe playboy sued him for eight figures just for sh*ts and giggles.

At the time, the landlord thought he’d just run into another L.A. trust-fund brat. Turns out, he was living next door to a one-man corruption machine.

Jonah van Bourg:

>be me
>landlord in LA
>rent house in the hills to 25yo CFO of a “real estate company”
>arrives in lime-green Bentley w/ influencer “gf” + emotional support micro-poodle
>stops paying rent
>emails me a PDF from the county website saying “COVID-related income loss”
>nothing I can do, because LA = anarchy
>nonstop Eyes Wide Shut parties at my house
>dog melts my hardwood floors w/ atomic diarrhea
>claims poverty on paper while bottle-servicing magnums of Ace in my pool
>private jets to Paris, Tulum, Miami, Vegas
>”gf” showered w/ diamonds, birkin bags, red carpets, “chopper to ‘chella”
>everything posted on instagram, lest there be any doubt
>eventually moves out, I celebrate prematurely
>sues me for 8figs the next morning, just to f with me
>2y legal war
>vanishes
>today: DOJ indicts him for stealing $130M from California’s homeless fund

may justice be served.

That post opened the door to the next chapter. Federal prosecutors finally indicted Cody Holmes, the same playboy “tenant,” for – wait for it – allegedly stealing $130 million from California’s homeless fund.

Yep, right on brand for the progressive left.

I Meme Therefore I Am:

🚨BREAKING: U.S. Attorney General Bill Essayli announces California Democrats mishandled $50 million in federal funds meant for homeless housing.

Federal agents arrested Cody Holmes, ex-CFO of Shangri-La Industries, for allegedly siphoning millions for personal use. Developer Steven Taylor was also indicted for bank fraud and flipping properties tied to the program.

READ MORE: Tom Homan addresses $50K bribe accusations and reveals something you didn’t know…

Honestly, you can’t find a better metaphor for the state of California… the people in charge of “helping the homeless” are living in the Hollywood Hills, while the tent cities pile up like broken legos.

CFO.com:

The former CFO of a downtown Los Angeles-based affordable housing developer was arrested Thursday on charges of mail fraud, the U.S. Attorney’s office for the Central District of California announced this week.

Federal prosecutors said Cody Holmes, who served as finance chief of developer Shangri-La Industries, “knowingly submitted fake bank records” to the California Department of Housing and Community Development in attempt to prove that his firm “had the capacity to fulfill the homeless housing projects for which it had co-applied for grants.”

But, in an affidavit, FBI Special Agent Kevin McMullen said that said bank accounts “did not exist.” The agent went on to accuse Holmes of sending California’s housing department balance sheets that falsely showed entities affiliated with his business held millions of dollars in cash they didn’t actually have.

Holmes submitted those bank statements to California’s housing department so that it would “rely on them and release grant money” to his business, according to McMullen. The affidavit said the California Department of Housing and Community Development paid millions in grant money to Holmes’ business that was to be used, in part, to build a homeless housing project in Thousand Oaks, California.

Instead, Holmes is alleged to have diverted “at least some of the money” the state of California paid for that project “for his own purposes.” That included payments for American Express accounts associated with Holmes.

Prosecutors said that, in November and December 2022, more than $2.2 million was transferred from a Shangri-La account to an account controlled by Holmes. Then, from November 2022 to May 2023, more than $2 million was paid toward American Express cards, according to the U.S. Attorney’s office.

Cody Holmes is the glossy poster boy for California’s fake moral machine. He’s a perfect blend of influencer flash, activist grift, and bureaucratic chaos. It’s what we call “performative compassion,” where the villains climb to the top and loot the pile while the truly needy rot underneath.

Annual Ad-Free Subscription… Watch California’s “homeless fund” turn into Beverly Hills bottle service ad free…

Donate… Your tax dollars already paid for his Bentley…Toss a few our way to expose the next one.

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