Ruby Corado Arrested for Fraud and Money Laundering
metroweekly.comThe Washington Post, federal prosecutors allege Corado took at least $150,000 of the $1.3 million that Casa Ruby had received in emergency relief funds aimed at assisting small business owners and nonprofits in navigating difficult financial times during COVID-related shutdowns.Corado was arrested at a hotel in Laurel, Maryland, on March 6 after an “unexpected return” to the country, according to prosecutors.She faces federal charges of bank fraud, wire fraud, money laundering, illegal monetary transactions, and failure to file a report of a foreign bank account.Following an initial appearance on March 6 in U.S.
District Court for the District of Columbia, Corado was ordered held without bond pending a March 8 detention hearing. At that hearing, the judge assigned to the case will determine whether she is to remain in jail pending trial or can be released.Ruby Corado stepped down as executive director of Casa Ruby in 2021 after the D.C.
Department of Human Services refused to renew an $840,000-per-year grant to provide emergency shelter bedding to LGBTQ youth, claiming that Casa Ruby had failed to abide by the terms of the grant.Corado — and others within the organization who later accused her of wrongdoing — disputed that charge, claiming that D.C.
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