US officials say Florida man bought Lamborghini with coronavirus aid
Prosecutor's office said, If convicted on all charges, the man could face up to 70 years in prison.
(Dunya News) – A man in Florida bought new Lamborghini Huracan sports car after receiving $4million through federal loans scheme that was launched to help struggling businesses, US officials said.
29-year-old David T. Hines has been arrested and charged with bank fraud, making a false statement to a lending institution and engaging in transactions in unlawful proceeds.
Prosecutor’s office said, “If convicted on all charges, he could face up to 70 years in prison.”
In April, Hines sought financial help from the federal Paycheck Protection Program during the coronavirus pandemic.
