This guy got two million in COVID relief funds. How?
Share on Facebook
Jazz ShawPosted at 7:54 am on January 25, 2021
Share on Facebook
Share on Twitter
Here’s an unpleasant little story for you, just in case you were looking for something else to be annoyed at the government about. As you’re no doubt aware, when the original COVID relief bill was passed, literally tens of billions of dollars was appropriated (probably from the money tree that grows in the Rose Garden) to deliver help to small businesses around the country.This assistance came in the form of grants and forgivable loans, depending on which program you applied to. The money was flowing out in a fast and furious fashion as the government rushed to make sure nobody could accuse them of not responding to the crisis.
Las Vegas man Jorge Abramovs has been charged with one count of bank fraud
He allegedly applied for Paycheck Protection Program funds meant to help struggling businesses amid the pandemic between April and June 2020
He requested the loans from at least seven banks under variations of National Investment Group Corporation and lied about his number of employees
In total he obtained $1,986,737.46 in aid and spent the money on purchases of luxury items for himself
He used it on a $260,000 2020 Bentley convertible, a $55,000 2020 Tesla, and two condominiums located in Veer Towers in Las Vegas
Las Vegas man charged in $2M federal virus relief fraud case
January 23, 2021 GMT
LAS VEGAS (AP) A Nevada man has been charged with fraudulently obtaining about $2 million in federal coronavirus relief aid, meant for small businesses, to buy luxury vehicles and condominiums in Las Vegas, federal prosecutors said.
The U.S. attorney’s office in Nevada accused Jorge Abramovs with bank fraud after he allegedly applied for funding to at least seven banks between April and June 2020, the Las Vegas Review-Journal reported.
The complaint said Abramovs used a variety of company names National Investment Group Corporation, National Legal Advisors In Care Of and National Investment Group that “misrepresented the number of employees and the amount of revenue and payroll his companies had” to the banks.
anigwealthmanagement on Fluther fluther.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fluther.com Daily Mail and Mail on Sunday newspapers.