SantaCon Promoter Indicted for Diverting Charity Funds
The SantaCon president Stefan Pildes was indicted in New York on a wire fraud charge for allegedly diverting about $2.7 million raised from the annual charity bar crawl into a personal “slush fund,” funding a New Jersey lakefront property, luxury travel, a Costa Rica resort investment, and other expenses, while telling attendees the proceeds would support various charities and donating only a small fraction to charity.
