Federal agents arrested nonprofit founder Michael Young and others in a massive fraud crackdown over accusations that more than $118 million in taxpayer funds intended to address Los Angeles’ homeless crisis was stolen and spent on Tahiti vacations, high-end nightclubs and luxury cars. “We’re throwing billions and billions of dollars towards the problem, but there’s no improvement,” an official said, pointing to needles on Skid Row and homeless encampments in parks meant for children. “Someone was illegally taking the money, and now they’ve been caught.” ▻