# Post ts_115778713746344564

- Post ID: `ts_115778713746344564`
- Platform: Truth Social
- Posted: 2025-12-25T06:09:30.988Z (UTC)
- Deleted: no
- Repost: no
- Canonical URL: https://trump.fm/post/ts_115778713746344564

## Post text

_No text of its own. The post is its media, below._

## What the media says

**Video transcript** (4:53), transcribed automatically, so names and numbers may be wrong. Speakers aren't identified, so a voice in it may not be his:

> $2.3 billion sent to L.A. County over four years is completely unaccounted for. That's $2.3 billion that could have been used to clean up this. Or find housing for people who live like this. Or to fix this part of Venice Beach, where people own million-dollar homes but are too afraid to walk their dogs because of this. There have already been two indictments linked to his probe, but U.S. Attorney Bill Isaley says there are a lot more to come. I spoke with him earlier. Bill, how long has this kind of fraud been going on? I mean, the homeless issue in Southern California is a massive issue. Taxpayers have forked over tens of millions, if not hundreds of millions of dollars to fix it. And people are stealing it? It's unbelievable. And, you know, it's probably been going on for a very long time. But unfortunately, no one's really looked at it until recently. Before this position, I was in the state legislature, and we would ask a lot of questions about the billions of dollars being spent every year to solve homelessness. And we can all see with our eyes and ears that it wasn't being solved. And the money wasn't going to the people who needed it most. So one of the first things I did after being appointed as the U.S. attorney here in L.A. was to create the Homeless Fraud and Corruption Task Force. And frankly, we were starting from the bottom up, and we began brand-new investigations with the IRS and the FBI. And it's already culminated in two separate indictments. And I can assure you that more will come. In the two indictments you've announced thus far, in one case, somebody was taking this money that was meant to build homes for the homeless and spending it on things like tickets to Coachella concert, jewelry and a Beverly Hills mansion. It's frankly outrageous, and this goes to show, when you hand out billions of dollars with little to no oversight, there are people out there that will take advantage, and that's always been our suspicion, is that there's been very little oversight or accountability to the individuals who receive this money. Most of the money goes out to nonprofits or developers who claim they're going to use the money to build housing. And what we saw in just these two investigations, that's not where the money went, and it was used to pay one individual's American Express bill. So how much—I mean, we're talking a massive amount of money that's been set aside to help the homeless. What percent do you think might be stolen? We don't have that number yet. What I can tell you is just in these two cases represent over a $50 million loss. And that's, again, scratching the service surface. We have many more investigations open that I cannot get into, but we are going to follow the money. We're going to follow every dollar. And we want to make sure the money went to its intended objective, which is to assist the homeless. And if any of it was diverted for personal use or other use that wasn't authorized, we intend to criminally prosecute those individuals. And like I said, we have multiple, multiple ongoing investigations. We have the IRS conducting the financial review. We have the FBI going out and conducting interviews. We're issuing subpoenas. We're doing search warrants. There is a lot happening that the public cannot see right now. How did this go unnoticed for so long? Well, to be frank, this is a problem we saw in the Legislature. When you have a state like California that frankly enjoys a supermajority controlled by one political party, there's very little checks and balances in the system to hold that accountability. And when they're passing the budgets and they're dispensing billions of dollars, you know, it does sound good and it feels good to spend $24 billion in the case of California to solve homelessness. And it was almost like that was the end of the story for the legislators and the governor. And a lot of the money was dispensed to nonprofits that have very strong political ties. And there's really, again, never been any oversight. But now you have the federal government, you know, the election was won by the opposite party and you have an election that has consequences and now you have prosecutors in the federal government that are independent and are going to take an objective look. And I frankly do not care who is involved, what position they serve or how high up they are. We will aggressively pursue and prosecute anyone that violates federal law regarding the misuse of homelessness funds. Thank you for watching. Subscribe below and download our News Nation app right now on your phone and you will get fact based unbiased news for all Americans.

## Media

- video: https://static-assets-1.truthsocial.com/tmtg:prime-ts-assets/media_attachments/files/115/778/713/353/840/136/original/0802fd158bee8e1f.mp4

## Engagement

- Likes: 4,683
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- Metrics collected: 2026-02-01T01:19:51.287Z (UTC)

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## Citation

- APA: Trump, D. J. (2025, December 25).  [Social media post]. Truth Social. trump.fm. https://trump.fm/post/ts_115778713746344564
- MLA: Trump, Donald J. "" Truth Social, 25 Dec. 2025. trump.fm, https://trump.fm/post/ts_115778713746344564. Accessed 9 Oct. 2026.
- Chicago: Donald J. Trump, "," Truth Social, December 25, 2025, archived at trump.fm, https://trump.fm/post/ts_115778713746344564.

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