Man uses Rs282m Covid loan to buy Lamborghini, Rolex, gets 9 year in jail

A man was sentenced to nine years in prison for fraudulently claiming $1.6 million (Rs282.4 million) in Covid relief loans to buy a new Lamborghini and other luxury items. 30-year-old Lee Price III borrowed the huge amount from the US government on the pretext of using the funds for his business. However, he squandered the money on a series of luxury purchases including Lamborghini. He … Continue reading Man uses Rs282m Covid loan to buy Lamborghini, Rolex, gets 9 year in jail