Florida Man Charged Scamming The Banks $4 Million With Payment Protection Loan
Written by DJ Sight on July 28, 2020
Since the Coronavirus relief programs have been available to help people try to stay above water during this pandemic there’s been a lot of scams. A Florida man is being charged with scamming the government out of $4 million dollars.
The man identified as David Hines was charged with bank fraud, making false statements to a financial institution, and engaging in transactions in unlawful proceeds.
According to reports David Hinds tried to get $13.5 million dollars from a payment Protection Program. Instead he was she was approved for $4 million dollars from 3 loans.
Mr. Hines blue the money on a brand new 2020 Lamborghini, jewelry, and meeting different women on dating websites.
When the Federal government and the Bank caught on the Mr Hines sceam they froze his business I froze his business accounts and it showed that he had a balanced of over $3 million dollars.
He was arrested and released on a $100,000 bond.
