29-Year-Old Man Spends Government’s COVID-19 Relief Fund On Lamborghini, Strip Clubs
The man was charged with fraud after he secured two government loans under the Paycheck Protection Program to pay employees he did not have.
A statement by the Justice Department said the man spent the funds on lavish goods like a sports car ($200,000 Lamborghini Urus) and a Rolex watch, as well as real estate, an F-350 pickup truck, and thousands of dollars at Houston strip clubs.
Price secured two loans: Price Enterprises Holdings allegedly received more than $900,000, while 713 Construction was approved for over $700,000.
The loans were for the payment of his workers in the two companies but neither had employees and “the individual listed as CEO on the 713 Construction loan application died in April 2020, a month before the application was submitted,” according to the complaint.
US Congress had approved the PPP program in late March to help small businesses survive the coronavirus pandemic, granting loans that could be forgiven if they were used to pay wages, rent and utilities.
Meanwhile, 41-year-old multi-millionaire, Andy Scott has revealed that he’s searching for a ‘beautiful and successful’ woman to start a family with and take on luxury holidays.
You may be interested
‘We Counted 15 Dead Bodies’ – Eyewitness, DJ Switch Reveals What Happened At The Night Of Lekki Tollgate MassacreWebby - October 24, 2020
DJ Switch Nigerian disc jockey, DJ Switched has revealed what happened at the night of Lekki Tollgate killings after Nigerian…
Omotola Jalade apologises for insensitive #EndSARS tweetWebby - October 24, 2020
<!-- #EndSARS: Actress Omotola Jalade-Ekeinde at the Lekki toll plaza protesting --> #EndSARS: Actress Omotola Jalade-Ekeinde at the Lekki toll…
Lagos pledges support to owners of vandalised, looted storesWebby - October 24, 2020
<!-- Dr Obafemi Hamzat --> Dr Obafemi Hamzat The Lagos State Government has announced the state government plans to support…