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Feds: Man uses $7.2M from PPP funds to buy Seminole County mansion, luxury cars
SEMINOLE COUNTY, Fla. – A Bradenton man is accused of using $7.2 million from Paycheck Protection Program funds to buy a mansion in Chuluota, according to court records. Don Cisternino was indicted on two counts of wire fraud, three counts of aggravated identity theft and three counts of illegal monetary transaction. Records show Cisternino applied for Paycheck Protection Program loan established as part of the federal CARES Act relief bill. Cisternino is accused of saying MagnifiCo had 441 employees with an average monthly payroll of $2.88 million. Records show after the application the Small Business Administration issued $7.2 million in PPP funds to MagnifiCo.
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Pop-up food bank serves Chuluota area with fresh vegetables
Twice a month, the couple creates up a pop-up farmers market in front of VFW Post 10139 in Chuluota. “Would you like some spinach?” Zielke asked one of the nearly 70 people who make their way to the fresh vegetable food bank. “That gave us an idea that we could go there and help them by purchasing some of the food they couldn’t sell,” Mike Zielke said. “It’s something we thought would be very short term,” Mike Zielke said. Friends suggested he stop by the Chuluota food bank.