Huff Post: Miami Man Gets 6 Years In Prison After Buying Lamborghini With $4 Million COVID Aid
David Hines, 29, used the money meant to support businesses impacted by the pandemic on the sports car, dating websites and jewelry, authorities said.
The Department of Justice is working on dozens of similar cases. The agency wrote:
“The Fraud Section leads the department’s prosecution of fraud schemes that exploit the PPP. In the months since the CARES Act passed, Fraud Section attorneys have prosecuted more than 100 defendants in more than 70 criminal cases. The Fraud Section has also seized more than $60 million in cash proceeds derived from fraudulently obtained PPP funds, as well as numerous real estate properties and luxury items purchased with such proceeds.”