Florida man charged for using PPP loans to purchase 2020 Lamborghini Huracan

A Florida man has been charged for allegedly using fraudulently obtained coronavirus relief funds to fuel his lavish tastes.

Miami resident David Hines, 29, had his first appearance in U.S. district court on Monday. Investigators have alleged that he sought around $13.5 million in Paycheck Protection Program loans and ended up receiving about $3.9 million. Hines allegedly made false or misleading statements about the payroll expenses of the companies for which he was applying on behalf.