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Texas ‘Businessman' Spends Coronavirus Relief Money On a Lamborghini Urus and a Rolex

1 month ago   |   By Zero 2 Turbo

A businessman in Texas has been charged with fraud after reportedly spending Coronavirus relief funds on some luxury goods.
According to NBC News, the 29-year-old man, Lee Price III submitted a fraudulent loan application for the Paycheck Protection Program which is a federal loan program that has set aside more than $600 billion to help small businesses struggling during the pandemic.
Federal authorities said Price received two loans for two businesses that he said had “numerous” employees and “significant” payroll expenses, according to his applications.
Well, that is not the case as...
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