1. #1
    SBR Tony
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    Florida man accused of using COVID-19 relief funds to buy Lamborghini

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    donation 02/17/2020


  2. #2
    Bluehorseshoe
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    Was it this guy??


  3. #3
    SBR Tony
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    MIAMI, Florida (WFLA) — A Florida man has been charged with obtaining $3.9 million in Paycheck Protection Program loans and using it to buy a sports car and other luxury items in Miami Beach.

    The U.S. Department of Justice said a criminal complaint was made against 29-year-old David T. Hines of Miami, Florida. The complaint alleges that Hines sought approximately $13.5 million in PPP loans on behalf of different companies and made numerous false statements to do so.


    Hines was approved and awarded $3.9 million in loans.

    The complaint further alleges that within days of receiving his PPP funds, Hines purchased a 2020 Lamborghini Hurican sports car for approximately $318,000. The 29-year-old is also accused of not making the payroll payments he claimed on his loan applications. He did, however, allegedly make purchases at luxury stores and resorts in Miami Beach.


    Authorities seized the Lamborghini and $3.4 million from various bank accounts upon Hines’ arrest.


    PPP funding is one source of relief provided by the Coronavirus Aid, Relief and Economic Security (CARES) Act enacted on March 29. The act authorized up to $349 billion in forgivable loans to small businesses for job retention and certain other expenses through the PPP. Congress approved an additional $300 billion toward PPP in April.


    Hines was 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.
    Last edited by SBR Tony; 07-28-20 at 09:32 AM.

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  4. #4
    JIBBBY
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    Nice car, expensive. Lock him up!!!

    Corona relief funds for the people can't be hijacked to buy Lambo's. Not cool..

  5. #5
    19th Hole
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    Quote Originally Posted by SBR Tony View Post
    MIAMI, Florida (WFLA) — A Florida man has been charged with obtaining $3.9 million in Paycheck Protection Program loans and using it to buy a sports car and other luxury items in Miami Beach.

    The U.S. Department of Justice said a criminal complaint was made against 29-year-old David T. Hines of Miami, Florida. The complaint alleges that Hines sought approximately $13.5 million in PPP loans on behalf of different companies and made numerous false statements to do so.


    Hines was approved and awarded $3.9 million in loans.

    The complaint further alleges that within days of receiving his PPP funds, Hines purchased a 2020 Lamborghini Hurican sports car for approximately $318,000. The 29-year-old is also accused of not making the payroll payments he claimed on his loan applications. He did, however, allegedly make purchases at luxury stores and resorts in Miami Beach.


    Authorities seized the Lamborghini and $3.4 million from various bank accounts upon Hines’ arrest.


    PPP funding is one source of relief provided by the Coronavirus Aid, Relief and Economic Security (CARES) Act enacted on March 29. The act authorized up to $349 billion in forgivable loans to small businesses for job retention and certain other expenses through the PPP. Congress approved an additional $300 billion toward PPP in April.


    Hines was 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.
    ~~~~~~~

    Having fun with the Wuhan-virus. Better him than the banksters.
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  6. #6
    SBR Tony
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    could have bought a mercedes or similar car and stay under the radar, idiot

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    donation 02/17/2020


  7. #7
    Bluehorseshoe
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    He also had to make some payments to keep him under the radar somewhat. It's kind of a tip off not making one payment.

  8. #8
    Sam Odom
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    Better off... WAY better off taking the cash then fly to France

    Drive what the fuk he wanted around Nice

    Total dumbass was he

  9. #9
    veriableodds
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    Quote Originally Posted by Bluehorseshoe View Post
    Was it this guy??

    This looks like the culprit

  10. #10
    mjsuax13
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    Flori-DUH

  11. #11
    pologq
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    my company has to show the payroll records on a monthly basis to justify the loans. guy did not think this thru. hope he had fun.

  12. #12
    Bluehorseshoe
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    Quote Originally Posted by pologq View Post
    my company has to show the payroll records on a monthly basis to justify the loans. guy did not think this thru. hope he had fun.

  13. #13
    jjgold
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  14. #14
    Mac4Lyfe
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  15. #15
    Itsamazing777
    Not interested....
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    Lol so many business are cooking the books so they can get these forgivable loans. Guaranteed they are keeping the money.

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