PebHmong Discussion Forum
General Category => General Discussion => Topic started by: theking on October 25, 2021, 04:27:42 PM
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A man spent most of his covid-19 business loan on one item, feds say: A $57,789 Pokémon card
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Justice Department news releases document a litany of luxury items allegedly bought with pandemic aid meant to keep struggling businesses afloat.
One man was charged with spending his loan money on strip clubs. Another pleaded guilty to using his funds for a $318,000 Lamborghini.
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But Vinath Oudomsine may be the only person accused of using his small-business loan on a single Pokémon card. Prosecutors say the card cost the Georgia man $57,789 - more than two-thirds of his federal aid, which officials say was based on false information.
The wire-fraud charge brought last week against Oudomsine is part of a federal crackdown on alleged misuse of massive relief programs that threw lifelines to businesses during the pandemic but also raised concerns about scams and waste.