SantaCon Promoter Indicted for Diverting Proceeds to Personal Use
TL;DR Summary
U.S. authorities unsealed an indictment charging Stefan Pildes, president of SantaCon’s nonprofit PSI, with one count of wire fraud for allegedly diverting millions raised at SantaCon—more than half of proceeds from 2019–2024—into a private entity and for personal use, despite portraying the event as charitable; SantaCon drew about 25,000 attendees and involved host venues paying commissions; the case, assigned to Judge Colleen McMahon in SDNY, carries up to 20 years in prison.
Topics:nation#creative-opportunities-group#crime#participatory-safety-inc#santacon#stefan-pildes#wire-fraud
- SantaCon Organizer Charged In Wire Fraud Scheme Targeting Attendees And Host Venues Department of Justice (.gov)
- SantaCon promoter arrested for charity fraud, New York federal prosecutors say CNBC
- SantaCon organizer is a grinch who stole $1 million, Justice Department alleges CNN
- SantaCon founder accused of siphoning charitable funds for NYC holiday bar crawl for his own use ABC7 New York
- So, SantaCon Was a Con? New York Magazine
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