Man charged with spending PPP loans on Mercedes, Rolex, luxury condo - Business Insider

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Man charged with obtaining millions in COVID-19 relief funds by listing celebrities as employees, buying $200,000 Mercedes

Sheng-Wen Cheng allegedly obtained millions in PPP loans, spending hundreds of thousands on personal expenses like a Mercedes-Maybach sedan.Sheng-Wen Cheng, a New York resident, has been charged with fraudulently applying for more than $7 million in COVID-19 relief funds, the US Department of Justice said on Tuesday.

Cheng also isn't the first to be accused of spending COVID-19 relief funds on extravagant car purchases. Others were charged with buying new Lamborghinis, as well as a new Kia Stinger.

"For example, the list of purported employee names included a co-anchor on Good Morning America, a former National Football League player, and a prominent Penn State football coach who is now deceased," the DOJ said.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

Funny to press charges against a man who used celebs to get aid money. While turning a blind eye on actual billionair celebs that benefited from the same relief fund.. kanyewest theyeezymafia murica 🇺🇸🤣

Why didn't I think of that And then leave the country to where I won't get charged with a extradition 🤭✌️🤣 GoTrump COVIDー19

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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