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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 Urus Evo spied playing in the snow

The Lamborghini Urus appears to be due for a well-deserved mid-cycle refresh. If we use Lamborghini’s most recent naming conventions, itÂ’s likely that the Urus will gain the name “Urus Evo” with the update. These spy shots give us a relatively clear picture of what we should expect from the updated Urus from a design perspective. The changes are mild at best, as Lamborghini is keeping whatÂ’s worked so well for the past few years. In case you missed it, the Urus is far and away LamborghiniÂ’s best-selling model now, and itÂ’s to thank for the Italian companyÂ’s record-setting 2021 sales figures. WeÂ’ll note that this winter weather Urus tester is wearing a slightly massaged front bumper with added vents. The adding of vents continues on the revised hood design that features a pair of vents unseen previously. Other notable updates come toward the rear of the Urus. We spy a new rear bumper design that takes a different approach on the integration of the rear fender vents. Those vents near the wheel arch are now far bigger and more noticeable than they are in the current Urus. And thatÂ’s about it for what we can see on the exterior of this Urus. We bet that the most important updates will come in the form of an interior updated with newer tech. Plus, thereÂ’s the chance that we get more power out of a Urus Evo. We donÂ’t suspect itÂ’ll be a massive gain in output, but any movement in the positive direction will be welcome. A massively more powerful Urus with a hybrid powertrain that borrows from PorscheÂ’s PHEV tech should follow at a later date. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Lamborghini Urus Inside and Out

Lamborghini turns the Huracan EVO into a tail-wagging rear-wheel-drive roadster

The latest evolution of the Lamborghini Huracan Evo loses its top and its front axle to deliver a wind-in-your-hair driving experience whether it's going forward or sideways. The company proudly explained the newest addition to its line-up relies on hardware — not software — to make driving as engaging and thrilling as possible. Lamborghini added Amazon Alexa integration to the Huracan earlier in 2020, but there's no guarantee the digital assistant will hear your voice commands when you're driving flat-out with the roof down. The two passengers sit low in the Huracan, and they're merely inches away from a naturally-aspirated, 5.2-liter V10 that screams and shouts as it develops 610 horsepower at 8,000 rpm and 413 pound-feet of torque at 6,500 rpm. These figures are a little bit lower than the ones posted by the 10-cylinder when it powers the all-wheel drive Huracan Evo. The rev-happy V10 spins the rear wheels via a seven-speed dual-clutch automatic transmission that's quick when it needs to be, and docile when the occasion calls for it. Hitting 62 mph from a stop takes 3.5 seconds, meaning it's there before you've reached the end of this sentence, and its top speed checks in at 201 mph. Lamborghini re-tuned the Performance Traction Control System (P-TCS) to give the driver as much grip as possible in a wide variety of situations. If you don't want grip, however, the Huracan Evo is more than happy to go sideways thanks to clever, gyroscope-based technology that allows its rear end to break loose and limits the engine's torque output if it detects the oversteer angle crosses a pre-determined threshold. This function works when the driver selects Sport mode using a steering wheel-mounted switch; it's off in Strada (or street) mode. Even supercar manufacturers need to inject a generous dose of connectivity into their cars, and Lamborghini is no exception. There's an 8.4-inch touchscreen in the center stack that displays an infotainment system the firm developed in-house. It allows the front passengers to browse the internet on-the-go, make hands-free phone calls, and load Apple CarPlay. Android Auto isn't available, so motorists without an Apple device are out of luck. The 3,326-pound rear-wheel drive model stands out from its all-wheel drive counterpart thanks to model-specific front and rear ends shared with the hardtop variant. Lowering or raising its power-operated soft top takes 17 seconds, even at speeds of up to 30 mph.