News Formal

A Man Allegedly Used Coronavirus Small Business Loans To Pay For A Lamborghini, Jewelry, And Dating Sites

  • 📰 BuzzFeed
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Investigators said David Tyler Hines was given nearly $4 million in loans under a program to help small businesses during the pandemic and then used the money to pay for personal expenses.

, which both appeared to be brokers for moving services. Both received F ratings from the BBB as well as complaints of"bait-and-switch practices" and"deceitful activities," the complaint said.

Hines' largest expenses in May and June included nearly $5,000 spent at Saks Fifth Avenue, $8,530 at a jewelry store, more than $11,000 at several Miami hotels, and a total of $30,000 going to a recipient that prosecutors labeled"Mom.""There does not appear to be any business purpose for more, if not all, of these expenses," the complaint read.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 730. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Dammm 👀

All I needed to see.

*florida man

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Florida man charged for using coronavirus PPP funds to buy Lamborghini - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. iTAT_uPAY Sentences should be doubled for idiots like this. The man has good taste
Source: BusinessInsider - 🏆 729. / 51 Read more »