Article

2021-12-01 -Lurid Crime Tales-

Texas man who used COVID relief funds to buy Lamborghini sentenced to prison

[NYPOST] A Texas man was sentenced to over nine years in prison on Monday for fraudulently obtaining COVID-19 relief funds that he used for the purchase of a Lamborghini and other expenses.

Lee Price III, 30, who pleaded guilty in September to wire fraud and money laundering charges, received $1.6 million in PPP loan funds by falsifying his applications, the Department of Justice said, citing court documents.

On the applications, Price used the name of a person who died before the documents were submitted, the court documents said.

In the paperwork, he also fudged payroll expenses and the number of employees he purportedly had at three seperate businesses, according to the court docs.

Price used some of the ill-gotten gains to buy a Lamborghini Urus, a Ford F-350 truck and a Rolex watch, the DOJ said.

The DOJ said authorities have recovered over $700,000 in the fraudulently obtained money.

Posted by Fred 2021-12-01 00:00|| E-Mail|| Front Page|| [11144 views ] Top

#1 Why a Rolex? He doesn't have a mobile phone?

Posted by Merrick Ferret 2021-12-01 00:56|| 2021-12-01 00:56|| Front Page Top

#2 Why a Lamborghini Urus? A Ford F-350 truck works perfectly fine in Texas. Bling.

Posted by Procopius2k 2021-12-01 07:39|| 2021-12-01 07:39|| Front Page Top

#3 "funds that he used for the purchase of a Lamborghini and other expenses."

I heard Strip Clubs were also in the 'expenses' mix.

Well, he is a Houston guy.

Posted by Mullah Richard 2021-12-01 15:42|| 2021-12-01 15:42|| Front Page Top

#4 Whitey's fault all around. Whitey made the temptation available and whitey cut down on him for succumbing to the temptation.

Posted by M. Murcek 2021-12-01 15:50|| 2021-12-01 15:50|| Front Page Top

#5 I bet he still didn't donate to the Salvation Army.

Posted by Slappy 2021-12-01 19:38|| 2021-12-01 19:38|| Front Page Top

#6 [Almost black] Texas man who used COVID relief funds to buy Lamborghini sentenced to prison

Posted by Skidmark 2021-12-01 22:16|| 2021-12-01 22:16|| Front Page Top

14:55 Elmerert Hupens2660
14:43 Gleng Whaick2262
14:41 EMS Artifact
14:35 SteveS
14:25 3dc
13:45 3dc
13:40 NoMoreBS
13:36 Old Salty
13:34 Regular joe
13:20 Lord Garth
13:17 ed in texas
13:05 Elmomoter Mussolini9149
13:01 Procopius2k
12:45 swksvolFF
12:23 swksvolFF
12:18 Elmomoter Mussolini9149
12:09 Elmomoter Mussolini9149
12:07 swksvolFF
12:04 swksvolFF
11:51 Phererong Whavique2804
11:40 Old Patriot
11:22 Jay Jay
11:16 Grom the Affective
11:16 YT255
Merry-Go-Blog