Thread: Texas Man Fraudulently Used $1.6M PPP Loan on Strip Clubs, Lamborghini, Rolex and Booze, Feds Say
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Old 08-06-2020   #3
laingo10
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This is not the first time a PPP loan recipient has allegedly used federal relief funds for personal or otherwise improper expenses. In July, a man from Los Angeles was arrested and charged with bank fraud on accusations he received $8.5 million in loans from the program using aliases and fraudulent company information. The man allegedly used his loan money for stock market bets and gambling excursions in Las Vegas.

I can't believe this guy received that much money from a PPP loan !!!
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