Florida Man Arrested On Allegations He Used COVID-Relief Funds To Buy Lamborghini

Florida Man Arrested On Allegations He Used COVID-Relief Funds To Buy Lamborghini

MIAMI (CBSMiami) – A Florida man is facing several charges after authorities said he used COVID-relief funds to buy a Lamborghini and bank millions.

David Hines is being charged with one count of bank fraud, one count of making false statements to a financial institution and one count of engaging in transactions in unlawful proceeds.

The criminal complaint alleges Hines submitted fraudulent loan applications for as much as $13.5 million in Paycheck Protection Program relief through applications to an insured financial institution on behalf of different companies.

In all, the complaint states, the 29-year-old Miamian was approved for $3.9 million in PPP funds.

Hines allegedly then used those...

Full story at CBS Miami

Comments
There are no comments yet.
Your message is required.