Florida man fraudulently obtained $3.9 million in PPP loans and used some of it to buy Lamborghini, feds say
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OT: What a douche
Jul 28, 2020, 1:03 PM
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I'm glad the PPP loan list was leaked despite desires of one party in Congress. The American people deserve oversight for our money. Some went to churches in a very clear first amendment violation
I should have asked for more !
The problem for him will be when he applies for the debt forgiveness. He's gotta prove he spent a certain percentage on payroll. Otherwise he has to pay it back.
He’s also just stupid.
Doesn't he know that those funds were only intended for payroll expenses, strippers, hookers and alcohol. Sure the guidelines said it was for payroll but the government always assumes you will use at least 50% of any government funds for strippers, hookers and alcohol and that's why government programs are so expensive. Of course it was higher in the 80's when they also expected you to use an additional 25% for cocaine.
Were strip clubs closed in Miami when he got his Lamborghini? This guy is probably the type to piss away stacks of cash in a strip club to get attention.
I can only assume he's not the only one that has obtained fraudulent PPP loans for their personal benefit