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Federal Task Force Probes Missing Billions in LA Homeless Funds as Indictments Mount [WATCH]

Federal investigators are examining the disappearance and misuse of billions of dollars intended to address homelessness in Los Angeles County, following revelations that large sums of taxpayer money remain unaccounted for and have allegedly been diverted for personal use.

The issue was discussed in an on-air exchange between journalist Elizabeth Vargas and U.S. Attorney Bill Essayli, who detailed the scope of the problem and the ongoing federal response.

According to Vargas, a massive portion of the funds sent to Los Angeles County over several years cannot be properly traced.

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