From a $115K kickback scheme at a homeless shelter to 18 undisclosed LLCs at Chinatown's biggest housing nonprofit to 19 felony counts against the head of SF's Human Rights Commission, the same pattern repeats: politically connected nonprofits moving public money with zero oversight, caught only after the damage is done.
Read Top Post âMalcolm Yeung controls 18 LLCs tied to CCDC and didnât disclose a single one on six years of mandatory financial filings. His nonprofit sits on $163M in assets while losing $6.7M a year. TODCO, another Chinatown housing nonprofit, hasnât built a home in 20 years while its execs collect $777K. The Providence shelter fraud looked like a small-time kickback â this revealed the structural rot underneath SFâs nonprofit-industrial complex.
Mar 02, 2026 · 6 min
Two Providence Foundation employees allegedly stole $115,000 meant for a homeless family shelter â approving invoices for painting and lock removal that never happened while the building rotted with rust and fungus. Dean Prestonâs office had championed the Oasis Inn as a model shelter-in-place hotel during COVID. Within months, CCDCâs undisclosed LLCs and the Dream Keeper scandal would reveal this wasnât an isolated grift â it was the norm.
Jan 31, 2026 · 4 min
