Man buys Lamborghini after getting nearly $4m in coronavirus loans, authorities say

[AtW]

“ Bank of America approved three PPP applications for Hines. In each he claimed 70 employees, with monthly payroll expenses totaling $4m. He was paid $3,984,557.

But his accounts for preceding months indicated monthly inflows and outflows of $200,000 and payments resembling payroll were for small amounts to just 12 people.

On receiving the PPP funds, he made two payments of $30,000 to a recipient noted as “Mom”.”

Man buys Lamborghini after getting nearly $4m in coronavirus loans, authorities say | Coronavirus outbreak | The Guardian

[Paddy]

“ Bank of America approved three PPP applications for Hines. In each he claimed 70 employees, with monthly payroll expenses totaling $4m. He was paid $3,984,557.

But his accounts for preceding months indicated monthly inflows and outflows of $200,000 and payments resembling payroll were for small amounts to just 12 people.

On receiving the PPP funds, he made two payments of $30,000 to a recipient noted as “Mom”.”

Man buys Lamborghini after getting nearly $4m in coronavirus loans, authorities say | Coronavirus outbreak | The Guardian

Well done that man. Spending some USA money on Italian products.

[DimPrawn]

If you've got $4m of free money, why buy only one?

[AtW]

If you've got $4m of free money, why buy only one?

Well, he isn't threaded to drive two at the same time, good reason, no?

[clearedforlanding]

Fiat for Lambos? Whatever next?

To the moon I say.

[DimPrawn]

Fiat for Lambos? Whatever next?

To the moon I say.

[WTFH]

Proof that money doesn't buy taste.

[GJABS]

If he going to drive it round the prison courtyard? Cos that's where he's going lol