Wednesday, February 10, 2021

Man Purchased Lamborghini After Receiving $3.9 Million in PPP Loans

A Florida man pleaded guilty today for fraudulently obtaining approximately $3.9 million in Paycheck Protection Program (PPP) loans and using those funds, in part, to purchase a $318,000 Lamborghini sports car for himself. Authorities seized the Lamborghini and $3.4 million from the bank accounts of David T. Hines, 29, of Miami, at the time of his arrest. Hines pleaded guilty today to one count of wire fraud and is scheduled to be sentenced on April 14.

from Justice News https://ift.tt/3qbCOzF
Get free legal consulting with complete case evaluation by a senior professional Attorney with us. Click Beaty Law Firm to explore more.

No comments:

Post a Comment