Florida male purchased Lamborghini with COVID-19 organisation relief funds

David Hines, 29, received $3.9 million in Paycheck Security Program loans, a COVID-19 relief program for services. So naturally he spent $300,000 on a 2020 Lamborghini Huracán. According to WFTS news, authorities charged Hines with “one count of bank scams, one count of making incorrect declarations to a financial institution and one count of taking part in transactions in unlawful profits.” Sweet ride, guy. From WFTS:.

The problems declare that Hines requested around $135 million in PPP loans through applications to an insured banks for various business. He received $3.9 million in PPP loans.[…]

The grievance states Hines sent fraudulent loan applications that made various incorrect and misleading statements about the companies’ payroll expenditures.

( Thanks to our Florida bureau chief, Charles Pescovitz!)

image: Jakub Halun( CC BY-SA 4.0)

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