Florida man accused of buying Lamborghini sports car with Coronavirus funding after going on a spending spree

A man in Florida stands accused of buying a Lamborghini sports car after applying for Coronavirus funds.

Florida based businessman, David T. Hines has been accused of ripping off the government funding to the tune of $4 million and purchasing the lavish sports car for $318,000 out of the swindle.

Federal agents have seized the luxury sports car as well as $3.4 million from various bank accounts.

Hines, 29 years old, faces the charges, as court documents reveal Hines sought $13.5 million in paycheck protection loans through applications on behalf of various setup companies that included false documentation about employee payroll expenses.

“Those purported employees either did not exist or earned a fraction of what Hines claimed in his PPP applications,” reveal the charging documents.

The charging documents further reveal “Collectively, Hines falsely claimed his companies paid millions of dollars in payroll the first quarter of 2020. State and bank records, however, show little to no payroll expense during this period.”

Through the false applications, Hines is accused of receiving a total of 3.9 million bucks and going out to purchase a Lamborghini Huracán which he registered to one of the falsely set up companies as well as his own personal name.

The accused though gave himself away as he failed to make or register any payroll payments and went on wild spending sprees in Miami malls as he pulled up in his flash new sports car.

Miami resident Dave Gloth told Global247news how he knew Hines by sight and how it was so obvious unless it was a lottery win:

“All of a sudden he was in the bar, pulling out wads in cash, buying liquor for everyone, he was pulling up in the parking lot in a spanking brand new Lambo  – 3 weeks before he was in a pickup truck”

” Unless he had won the lottery, something was obviously up, now we know the reason why he scammed the government”

“It doesn’t look like the scam lasted for long though as the Feds got him – I doubt those weeks were worth it man”

Hines appeared briefly in court on  Monday before U.S. Chief Magistrate Judge John J. O’Sullivan to be formally notified of the charges.



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