A Florida guy has been accused of allegedly fraudulently receiving a budget to help the coronavirus to fuel his luxurious tastes.
Miami Resident David Hines, 29, made the impression in the U.S. District Court for the first time on Monday. Investigators alleged that it implemented approximately $13.5 million in loans from the paycheck coverage program and ended up receiving approximately $3.9 million. Hines allegedly made false or misleading statements about the wage expenses of the corporations he requested on his behalf.
According to court documents, days after receiving $3.9 million approval on loans, Hines purchased a 2020 Lamborghini Huracan sports car for approximately $318,000.
“In the days and weeks following the disbursement of PPP funds, the complaint alleges that Hines did not make the wage bills he claims on his loan applications. However, he shoped at luxury stores and resorts in Miami Beach,” the Justice Department said. Said.
According to the criminals’ complaint, Hines spent $4,622 on a grocery store on Saks Fifth Avenue, about $8,500 at Graff Diamonds and more than $4,000 at Fontainebleau, an iconic Miami Beach hotel.
The Aid, Relief and Economic Security Act for Coronavirus has legal up to $349 billion in reimbursable PPP loans for small businesses affected by the coronavirus pandemic, leaving some companies suffering to pay their workers and leave millions of others out of work.
Hines charged a charge of bank fraud, a charge of making false statements to a monetary establishment, and a charge of dealing with illegal products.