San Diego County Supervisor Bill Horn said he bought a charity decades ago for $25, called it the Basic Faith Foundation and used it to hold money from real estate deals.
Horn said he gave the interest to Christian missionaries in Mexico and South America.
inewsource dug into the Basic Faith Foundation and into Horn’s own description of how he used it. Five experts with national reputations in tax law and nonprofit management reviewed the transcript of inewsource’s interview with the supervisor, as well as the supporting documentation from state and federal agencies.
All reached the same conclusion: the way Horn used Basic Faith violated both state and federal laws, civilly and possibly criminally.