zzdcar
Home
/
Reviews
/
Culture
/
Another Guy Bought A Lambo With Stolen COVID-19 Relief Funds
Another Guy Bought A Lambo With Stolen COVID-19 Relief Funds-April 2024
2024-02-19 EST 22:12:38

Image for article titled Another Guy Bought A Lambo With Stolen COVID-19 Relief Funds

Just last month, we told you about Huracan he bought with funds stolen from the Paycheck Protection Program. A criminal mastermind from Texas pulled off a similar scam, only he spent his money on not just a Lamborghini Urus, but a 2020 Ford F-350 as well.

From :

Lee Price III, 29, is alleged to have filed fraudulent Paycheck Protection Program loan applications under company names Price Enterprises Holdings and 713 Construction. Price Enterprise Holdings received $900,000 in PPP money, and 713 Construction received $700,000, and both were said to have several employees and payroll expenses on their respective loan applications, the complaint said.

In reality, however, neither company did. In fact, the CEO listed for 713 Construction on its application died in April 2020, a month before the application was submitted, the complaint says.

Price lived very high on the hog with his ill-gotten funds, buying not just the vehicles, but a Rolex and some real estate. He also dropped thousands at Houston nightclubs and strip clubs, reports. He’s now facing charges of making false statements to a financial institution, wire fraud, bank fraud and engaging in unlawful monetary transactions.

I don’t mean to tell awful criminals taking advantage of programs meant to prop up the most vulnerable people during this historic crisis how to do their evil deeds, but come on. A Lamborghini is such a bad post-wire fraud purchase! Your neon Italian supercar will make the perfect prop for the prosecution at your trial while pointing out how well you were living during America’s darkest hour.

Price isn’t even the first guy to be charged with this same crime from Houston. Joshua Thomas Argires was charged with the same crimes after defrauding the government of $1.1 million to buy the only thing more irritating than a Lamborghini: cryptocurrency.

Comments
Welcome to zzdcar comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Culture
This Day In History: Harvey Firestone, Founder Of Firestone Tires, Dies
This Day In History: Harvey Firestone, Founder Of Firestone Tires, Dies
On February 7, 1938, a man by the name of Harvey S. Firestone died of coronary thrombosis—or, a blood clot in the heart. He was the founder of Firestone Tire and Rubber Company, which he kicked off back in 1900. And he couldn’t have known how important his company...
Apr 3, 2026
This Is What It's Like To Take A Tesla On A Winter Road Trip
This Is What It's Like To Take A Tesla On A Winter Road Trip
There are plenty of criticisms that float around regarding electric cars, but two of the big ones are: can it road trip, and can it handle cold temperatures? In a recent video, Jason Fenske from Engineering Explained set out on a journey in his Tesla Model 3 to answer...
Apr 3, 2026
What Car Stuff Do You Collect (Not Counting Cars)?
What Car Stuff Do You Collect (Not Counting Cars)?
I don’t know what it is about the human brain that makes us want to collect stuff, but it seems to be a universal truth. What obscure car stuff do you folks collect? I don’t think anyone would be particularly surprised to learn that I obsessively collect old race...
Apr 3, 2026
What's The Most Pointless Tool You've Ever Bought?
What's The Most Pointless Tool You've Ever Bought?
After I graduated high school, I came back to Michigan a few times to visit my childhood friends. One of the times I arrived to find that they needed to fill their tires up with air, but neither of them knew how to do it, so they straight up...
Apr 3, 2026
Bruce Springsteen Is Making His First-Ever Commercial Debut In A Super Bowl Jeep Ad
Bruce Springsteen Is Making His First-Ever Commercial Debut In A Super Bowl Jeep Ad
The legendary Bruce Springsteen is a lot of things to a lot of people, but he’s never exactly been the face of a marketing campaign before. His music, yes, but not the man. But if you’re tuning into Super Bowl LV tonight, you’re going to see a familiar face—and...
Apr 3, 2026
Those Car Wash Videos Are Actually Better For People Than You Think
Those Car Wash Videos Are Actually Better For People Than You Think
When I’ve had a long day, there are one of two things I’ll watch to relax before bed. I’ll either watch crochet videos, or I’ll watch people wash cars. Turns out, the latter of those two options actually plays an important role in relaxing children with autism. This great...
Apr 3, 2026
Copyright 2023-2026 - www.zzdcar.com All Rights Reserved