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FBI and IRS are investigating "misspending" at now-defunct Community Action of Minneapolis, where audit found $800k in "questionable spending".

"The FBI and the Internal Revenue Service are investigating Community Action of Minneapolis, a defunct nonprofit organization whose leaders allegedly misspent hundreds of thousands of dollars in taxpayer money. The investigations were disclosed for the first time Thursday in a new court filing by the organization’s court-appointed receiver, Michael Knight. He was hired by the state to assess the full scope of the organization’s finances after a state audit revealed the agency’s board and its chief executive, Bill Davis, used taxpayer money for a celebrity cruise, tropical vacations, a personal car loan and other questionable expenses." -- Alejandra Matos, the Minneapolis Star Tribune

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