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Florida Man accused of buying Lamborghini with coronavirus relief funds

We'll preface this by saying that when things work as they're meant to, we don't hear about them. When it comes to the Paycheck Protection Program, created as part of the CARES Act in March to provide loans to businesses to pay employees during the coronavirus lockdown, that means many jobs were saved but we also get stories of honest businesspeople unable to get loans or blackguards abusing the program. This story is the latter. David T. Hines, a 29-year-old Miami man with four businesses, applied for PPP funds in May. He received about $3.9 million in loans, and blew about $500,000 of that before the government began investigating and his bank froze his accounts. Instead of applying for loans to cover monthly expenditures of about $200,000 among his four moving-related companies, the feds say, Hines' four applications through Bank of America claimed combined monthly expenses of $4 million to pay 70 employees. BofA approved three of the four submissions. After the government made its first of three planned deposits of $3,984,557 into Hines' Bank of America account, Hines continued requesting more money, authorities say, ultimately seeking $13.54 million.  The spending began almost immediately after the PPP disbursement. As far as the government could tell by going through Hines' records, none of the money was spent on employees who "either did not exist or earned a fraction of what Hines claimed in his PPP applications.” Instead, officials say, Hines picked up a blue Lamborghini Huracan Evo for $318,497. He paid a person he listed as "Mom" $60,000. Saks Fifth Avenue got another $4,000. In June, $8,500 went to the Graff jewelry boutique, and $7,000 went to Miami's Setai hotel. The disbursement problem has arisen because the Small Business Administration that backs the PPP loans doesn't verify the claims in the applications, according to Assistant U.S. Attorney Michael Berger. How did Hines get caught, then? He got into a hit-and-run accident in his blue Lamborghini in July, and Miami police impounded the car. That eventually attracted investigation from no less than six governmental departments: the FDIC-OIG, USPIS, IRS-CI, the SBA-OIG, the Board of Governors of the Federal Reserve System, and the Bureau of Consumer Financial Protection-OIG. The U.S.

Lamborghini Huracan Evo RWD gets a range of modifications from Novitec

Lamborghini sees its rear-wheel-drive Huracan Evo as a masterpiece. German tuner Novitec views it as a blank canvas. It announced a panoply of interior, exterior and chassis parts developed specifically for the model. Novitec isn't intimidated by the Raging Bull's tail-wagging rear-wheel-drive coupe. It has tuned a long list of exotic cars, including the McLaren Senna and Ferrari's limited-edition SP1 and SP2 models. Its updates normally tilt toward the subtle side of the scale (we suggest calling Mansory if you're after pure extravagance), and its Huracan is no exception. It looks tamer than the factory-built, race car-inspired STO model introduced in November 2020. Carbon fiber add-ons give the coupe a more muscular look, and Novitec claims they also improve the aerodynamic profile. Side skirts lower the Huracan's ground clearance while channeling more cooling air to the rear brakes, for example. Out back, a redesigned wing increases puts more downforce on the rear axle than the factory unit. Not all of the updates are cosmetic. Novitec offers a set of lowering sport springs developed specifically for the rear-wheel-drive variant of the Huracan (whose front end is lighter than the all-wheel-drive model's). Alternatively, it joined forces with KW to design an aluminum coilover suspension system built with racing technology. Users who choose this option can dial in one of 13 compression and rebound profiles in the low- and high-speed ranges. Novitec did not modify the Huracan's naturally-aspirated, 5.2-liter V10 engine, which makes 610 horsepower and 413 pound-feet of torque. However, its catalog of parts includes a high-performance exhaust system available in stainless steel or in Inconel, a lighter material often found in Formula One cars. Both can be plated in .999 gold for better heat dissipation. Different exhaust tips (including some made with carbon) are on the menu, too. Emblems, wheel spacers, and what Novitec calls a virtually unlimited range of upholstery colors and materials round out the list of personalization options available. Pricing largely depends on the scope of the modifications requested. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Lamborghini Gallardo ready to tow your Home Depot load

It's possible the Lamborghini Gallardo would have had an even grander reputation as an everyday exotic if more people had used it to tow trailers and lug home-renovation materials from store to workshop. That's what Canadian channel Canal Vie did to promote its new renovation show, strapping a couple of two-by-fours and a roll of insulation to the roof, and hooking up a trailer to the back of a second-generation Gallardo. The promotion had its intended effect. How could it not? People stare at a Gallardo even when it isn't hauling. With 398 foot-pounds of torque at its disposal, we wonder if you could slip a fifth-wheel on it...