7 people charged after using COVID relief funds to by supercars
Covid is affecting every way of life. It is especially hard for small business owners. Some have had to shut down their businesses completely because they aren’t making any money. Fortunately the government has provided some COVID relief funds to offset the lack of income.
Just like with everything else people always try to work the system. You might remember when we wrote about a Florida man who used his relief funds to buy a Lamborghini.
Recently a group of 7 people were charged with wire fraud and conspiracy to commit wire fraud. They used some of the money to buy a Lamborghini and a Porsche. In addition, they also bought other expensive luxury products.
They falsified multiple documents and submitted false records which allowed them to get the loan approved. Fake names were used to cash multiple paychecks. One man in the group even used his 86 year old mother to cash one of the checks.
Seems like they got what deserve after stealing money from people who actually need it. Let us know what you think in the comments below!