Former CEO of Youth Policy Institute Agrees to Plead Guilty to Embezzlement
Howard Slingerland, the former president and CEO of the Hollywood-based anti-poverty nonprofit agency Youth Policy Institute Inc. is set to plead guilty on Wednesday to federal criminal charges. He is accused of misappropriating over $600,000 in grant money and lying on his tax returns. In addition, Slingerland had check-signing authority over the agency's bank accounts and was the personal guarantor of their credit card. He allegedly spent $71,533 of YPI funds on unauthorized expenditures, such as his property tax bill and family dinner in New York City. He also allegedly used $401,561 and $201,466 of federal grant money to pay off YPI's credit card bill and his own expenses.
Additionally, Slingerland admitted to underreporting more than $100,000 in income yearly from YPI without reporting the money he obtained from YPI, including the embezzlement. As a result, he is expected to owe the United States Treasury a total of $147,398 in unpaid taxes. Upon pleading guilty, Slingerland could be sentenced to up to 10 years in federal prison on the conversion count and three years in federal prison on the tax count.
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