Florida man uses coranavirus aid money to buy Lamborghini and other luxury goods :say authorities

A man in Florida received nearly USD 4 million in loans from the paycheck protection program(PPP) and used it to buy luxury goods including a Lamborghini sports car. 
David T. Hines, 29, of Miami, is charged with bank fraud, making false statements to a financial institution and engaging in transactions in unlawful proceeds. He faces up to 70 years in prison.
U.S. Department of Justice | LinkedIn

Hines applied to a bank for approximately $13.5 million in Paycheck Protection Program loans on behalf of different companies, according to a criminal complaint. Hines was approved for $3.9 million.





Comments

Popular posts from this blog

Army stronger in Ladakh:A large number of personnel deployed in Daulat Beg Oldi and Depasang Plains, T-90 tank regiment also present to respond to China

Interesting story of Lataji's Rakhi Bhai: Composer Madan Mohan promised that in every of his films Lata would sing, it was played even after death.

Secrets of Food Combining