Transgender Non-Profit Founder Accused of Embezzling $150K Pandemic Funds, Flees to El Salvador

0
508

Ruby Corado is the founder of Casa Ruby. She fled from the US to El Salvador two years ago before unexpectedly returning.

The founder of a Washington, D.C., LGBTQ non-profit that assisted homeless LGBTQ youth, especially Latin transgenders, was accused of stealing $150,000. This money came from pandemic relief funds funded by taxpayers. Two years ago, he fled to El Salvador from the U.S. amid concerns about the group’s financial situation.

Ruby Corado, the 53-year-old founder of Casa Ruby, Inc., was arrested by FBI agents at a Laurel, Maryland hotel after she returned unexpectedly to the U.S.

Corado fled El Salvador when questions were raised about financial irregularities at the non-profit. The non-profit was also evicted from several properties for failing to pay rent.

Ruby Corado founded the Casa Ruby, a non-profit organization. She is accused of stealing $150,000.00 from a taxpayer-funded pandemic fund two years after fleeing the U.S. to El Salvador.

Casa Ruby has ceased operations in July 2022.

Corado, a U.S. District Court prosecutor on Wednesday, was charged with money laundering and defrauding of the Paycheck Protection and Economic Injury Disaster Loan Programs.

Corado is accused by Casa Ruby of diverting $150,000 in emergency funds to Corado’s personal accounts in El Salvador. The IRS was not hidden.

Ruby Corado, (right), and Fabiola Cáal-Choc (35) are both listening with great attention. Ruby Corado, left, speaks with Fabiola Cáal-Choc (right), founder of Casa Ruby in 2019. This non-profit organization was dedicated to Latino transgenders.

The prosecution has accused her of bank fraud, wire fraud, and laundering monetary instruments, as well as monetary transactions that involved criminally derived profit. Corado is also charged with failure to disclose a foreign bank account. She remains in custody until Friday’s hearing.

Corado is a transgender woman who founded the non-profit in Columbia Heights, New York, in 2012. The Washington Post reported that it operated a 50-bed program of emergency accommodation in seven locations, as well as a Drop-In Centre. The group also has a branch office in El Salvador.

Casa Ruby will employ 127 people in 2020 and have revenues of $4.2million.

People talking and sitting outside an LGBT non-profit – A transgender man, Charlie Thompson, talks with a transgender woman, Mariah Hill, in front of Casa Ruby, which is a center for LGBT people located in Washington, D.C., on July 20, 2016.

The Washington Post reported in 2016 that Casa Ruby had received $9.6 million from city agencies between 2016 and 2022 for the district’s Latino and LGBTQ youth. Corado, meanwhile, earned $260,000.

Corado came to the U.S. at 16 years of age. Corado was a sexual worker and was homeless for many years. He became an LGBT activist focusing on Latino transgenders.

The Washington Post reported that a receiver appointed by the court has sued the board, alleging that they did not provide oversight. Corado allegedly embezzled over $800,000. This money was used to increase her salary and open a branch without the board’s consent in El Salvador.