The stolen funds financed the high-rolling lifestyle of Lee E. Price III, a Houston resident with prior felony convictions for forgery and robbery. He swindled nearly $1.7 million by submitting bogus aid applications on behalf of businesses that existed only on paper, according to court records.
Price wasted little time blowing $14,000 on a Rolex and more than $233,000 for a flashy white Lamborghini Urus, a luxury SUV that can go from zero to 60 mph in three seconds. He also spent thousands of dollars at the Casanova, a Houston stripclub. Price was sentenced to more than nine years in prison.
Vinath Oudomsine of Georgia also created a fake company that he claimed made $235,000 a year and had 10 employees. A few weeks after Oudomsine applied for the pandemic aid, the government rushed him $85,000 to keep his non-existent business afloat.
Oudomsine spent nearly $58,000 on a 1999 Charizard Pokémon card
I wonder what the chances are that private Florida island will be washed away by a hurricane within the next nine years