No Halo News · Sourced development
Federal prosecutors charged Home At Last founder with allegedly diverting more than $7.5 million
Federal prosecutors charged founder Michael Young with wire fraud, alleging he used shell companies, forged documents and fraudulent invoices to divert more than $7.5 million from publicly funded homeless-housing programs. Prosecutors said Home At Last had received more than $118 million from public entities and that some diverted money allegedly supported real estate, travel, vintage vehicles and an Inglewood nightclub. A criminal complaint contains allegations, and Young is presumed innocent unless proven guilty.
Status matters. This page records a sourced development, not a completed No Halo investigation. An allegation is not a finding. Dismissals, settlements, judgments, corrections and final outcomes remain distinct.
Donor relevance
Why this matters
The allegations concern a large share of public funding entrusted to a regional homelessness provider and raise serious questions about vendor oversight, related-party transactions and whether money reached intended beneficiaries.
Attribution
Who reported or established this
The allegations were made by federal prosecutors in a criminal complaint announced by the U.S. Attorney's Office for the Central District of California.
Evidence limits
What remains unverified
No Halo has not independently established that Young or the charity diverted funds, that the alleged vendors were shams or the final amount of any loss. The charge has not been adjudicated.
Right of reply
Organization response
No response from Home At Last or Young was located in the consulted government release or associated reporting. The release said the Los Angeles Homeless Services Authority canceled its Home At Last contracts in June 2026.
Classification
How No Halo records this event
Event type: Complaint. Current state: Open. No Halo preserves the current procedural state rather than treating every mention as a finding.
Published September 16, 2026 · Last verified September 17, 2026. See an error or a later outcome? Submit a correction or right of reply.