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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.

Watch teen thieves crash two stolen Lamborghini Urus SUVs

According to Boston 25 News, a group of suspects reportedly stole two Lamborghini Urus SUVs and a Chevrolet Cruze sedan from Herb Chambers Lamborghini outside of Boston, Massachusetts, this week. The joyrides ended when the Uruses were involved in a three-vehicle rear-end accident. At roughly 3 a.m. on February 17, 2020, burglars triggered the alarm at the Lambo dealership by throwing a sizeable rock through the showroom glass to get inside. Once they had access to the dealership's inventory, the suspects grabbed the keys and drove three vehicles right off the lot, no issues. But where there's an alarm, there are police, and the suspects were quickly spotted.  When the cop moved to pull the vehicles over, only the Cruze stopped, while the powerful Uruses pulled away. The two people inside the Cruze were taken into custody. Hours later, reports placed the twin-turbo V8 Lamborghinis in the nearby city of Malden, north of Boston. An officer began to follow the SUVs, which were driving around town at high speeds. Instead of getting away this time, a black Urus ran straight into the rear of a red Kia Soul, whose occupant was taken to a hospital to treat injuries. Following too closely behind his friend, the driver of the white Urus hit the rear of the black Urus. Both drivers attempted to run away, and one was able to escape. The other was taken into custody. For more information on the suspects or the locations, head over to Boston 25.  This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Related Video:

Santa upgrades to Lamborghini Gallardo, spreads joy in LA

We understand. It's hard to slow down and really take in the holiday season, so it often comes and goes in a blur. That's especially so in Los Angeles, where almost everything moves fast and you feel like a face in the crowd. Determined to keep up with the fast pace and be noticed, one Santa Clause and his "elf" assistant decided to upgrade their "sleigh" - to a Lamborghini Gallardo (no reindeer needed).
We commend Santa's choice in the beloved Lamborghini and think Los Angelenos did notice him (though we're not sure he wanted to be approached by Freddy Krueger up there). Head below to watch Santa and his helper spread holiday joy with V10-powered goodness.