Man buys Lamborghini after getting nearly $4m in coronavirus loans, authorities say

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Man buys Lamborghini after getting nearly $4m in coronavirus loans, authorities say
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Complaint alleges Florida man bought luxury goods after receiving PPP loans meant to help small businesses hit by the pandemic

A Florida man who bought luxury goods including a Lamborghini sports car after receiving nearly $4m in loans from the paycheck protection program has been charged with fraud, federal authorities announced.A US Department of Justice complaint alleges that David Hines applied on behalf of a few companies for about $13.5m in PPP loans, used money he received to shop at luxury stores and resorts in Miami Beach, then lied about how much he had paid to employees.

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