$200B Stolen In PPP Loans Was Used On Lamborghinis, Beach Houses and Jewelry, The ‘Worst In History’
According to the Small Business Administration’s Office of Inspector General, tens of thousands of PPP loan fraudsters used the funds to purchase luxury goods including Lamborghinis, vacation homes, private jet flights, and Cartier jewelry to name a few. The country lost an estimated $200 billion in COVID relief funds due to the system being so […]