A New York City SantaCon Organizer Has Been Arrested for Alleged Wire Fraud

Mother Jones
by Anna Merlan
April 15, 2026
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3 min read

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The Bottom Line

Stefan Pildes, a SantaCon organizer, was arrested for allegedly diverting millions in charity funds for personal use.

How This Affects You

If you donated to SantaCon NYC, your contributions may have been used by Pildes for personal expenses like property renovations and luxury travel.

AI Summary

Federal prosecutors in New York and the FBI arrested Stefan Pildes, 50, an organizer of New York City's Santacon, on Wednesday morning for alleged wire fraud. Pildes is accused of diverting millions of dollars raised for charity through Santacon NYC to a "slush fund" and an entity he controlled, Creative Opportunities Group, Inc. The indictment alleges Pildes used these funds for personal expenses, including lakefront property renovations, luxury vacations, and concert tickets, despite claiming no compensation. Prosecutors further allege Pildes stole "hundreds of thousands of dollars" from the bank account of Participatory Safety, Inc. (PSI), the nonprofit behind Santacon NYC. If convicted of wire fraud, Pildes faces a maximum sentence of 20 years in prison.

What's Being Done

Federal prosecutors and the FBI arrested Stefan Pildes; he faces a maximum sentence of 20 years if convicted of wire fraud.

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