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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 Sterrato, the Lamborghini rally car we didn't know we wanted

Usually, the answer to a question no one asked is a bad thing. But every now and then, it leads to something wonderful, like the Lamborghini Huracan Sterrato concept car you see above. It's Lamborghini's take on a rally version of the 2020 Lamborghini Huracan EVO, and it's something we weren't asking for but now desperately want. The Sterrato (translation: "dirt") is mostly a stock Huracan EVO underneath, but that's not bad with a naturally aspirated 5.2-liter V10 making 640 horsepower and 442 pound-feet of torque. It also retains its all-wheel drive, four-wheel steering and torque vectoring, but they've all been retuned for dirt and loose surfaces. To get around on rougher surfaces, Lamborghini raised the car by 1.85 inches, which the company says improves the approach angle by 1% and the departure angle by 6.5%. The Sterrato's exterior receives huge fender flares that allow for a one-inch wider track front and rear. It wears 20-inch wheels with chunky off-road tires. Aluminum skid plates have been added to the front and rear, and the rear plate doubles as a diffuser. The rocker panels also get aluminum plates for extra protection. Mud guards are fitted, too, as are little deflectors ahead of the intakes to keep rocks from flying in and doing damage. Finally, like any good rally car, it gets huge auxiliary lights with a pair of hexagonal units on the front, and a wide bar on the roof. Inside the Sterrato are a pair of carbon fiber bucket seats plus four-point racing harnesses. But the real showpiece is a full titanium roll cage. Lamborghini didn't say anything about putting the Sterrato into production. But this concept isn't particularly out there, especially compared with some of Lamborghini's concepts, so we suspect if the car gets a good enough reaction, Lamborghini might consider production. And if it doesn't, we're sure there are some aftermarket companies that would be happy to help wealthy car enthusiasts re-create the car.

Mansory turns the Lamborghini Urus into a coupe you'll either love or hate

German tuner Mansory is known globally for putting controversial-looking body kits on high-end cars like the Maserati MC20. The company's first build of 2023 goes much further: called Venatus Coupe EVO C, it's a Lamborghini Urus that has been transformed into a coupe. Lamborghini doesn't offer a two-door version of the Urus, the popular SUV is exclusively offered with four doors, so a substantial amount of time and effort went into completing the transformation. Mansory started by removing the four doors and shifting the b-pillars back by nearly eight inches. It then extended the front doors, widened the quarter panels, and, of course, fitted a full body kit that includes a redesigned front bumper with numerous vents and a splitter, side skirts, not one but two rear spoilers, plus a massive diffuser, among other add-ons.  Why bother? Well, the company notes that it has received several requests for a two-door Urus in the past couple of years. Nearly every part of the cabin has been redesigned to some extent. The first Venatus Coupe EVO C features specific trim, blue leather upholstery, leather-upholstered floor mats, and ambient lighting integrated into the headliner. The ignition button has been relocated to the headliner as well (it's on the center console in the regular-production Urus) and the front seats now tilt forward to provide easy access to the individual rear seats separated by a center console. The word "Coupe" is embroidered into the four seatbacks, lest you forget what you're in. The modifications don't end there. Pop the hood and you'll spot an evolution of the 4.0-liter, twin-turbocharged V8 that powers the standard Urus. It has been tuned to develop 900 horsepower and 811 pound-feet of torque in this application. In comparison, the stock Urus S and the Urus Performante are both rated at 657 horsepower and 627 pound-feet of torque. The eight-cylinder spins the four wheels via an eight-speed automatic transmission linked to shift paddles. Mansory quotes a zero-to-62-mph time of 2.9 seconds and a top speed of 207 mph. Pricing hasn't been announced, but it's of little interest to someone in the market for a heavily-modified Lamborghini Urus. For context, the Urus carries a base price of about $230,000. Mansory notes that this is the first of eight Urus coupes it plans to build in the coming years. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.