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...