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Miami man pleads guilty to using COVID loan for Lamborghini
Read full article: Miami man pleads guilty to using COVID loan for LamborghiniA South Florida man has pleaded guilty to fraudulently obtaining $3.9 million in federal coronavirus loans and using some of the money to buy a Lamborghini Huracan. David Hines, of Miami, rubbed his forehead in apparent shame as he pleaded guilty to federal charges including bank fraud at a hearing Wednesday held via videoconference because of COVID-19 restrictions. The Paycheck Protection Program represents billions of dollars in forgivable small business loans for Americans struggling because of the pandemic. It’s part of the Coronavirus Aid, Relief and Economic Security Act, which became federal law in March. Use the form below to sign up for the ClickOrlando.com Strange Florida newsletter, sent every Friday.