- The Justice Department arrested and charged David Tyler Hines with fraud on Monday.
- He received $3.9 million dollars from the federal Paycheck Protection Program (PPP).
- However, he did not spend the money on payrolls. Hines bought a Lamborghini and splurged on other luxury items instead.
On Monday, David Tyler Hines faced the charges brought against him at the Miami Federal Court. They charged the man from Florida with one count of bank fraud and one count of making false statements. Also, one count of engaging in transactions in unlawful proceeds.
Hines, 29, asked aid from the government when the US economy collapsed due to the coronavirus. After the approval of the Cares Act in March, small businesses affected by the Pandemic started applying for loans thru the Payment Protection Program (PPP).
David Tyler Hines charged for fraudulently spending coronavirus relief funds
He initially submitted seven applications for seven businesses to a bank in Charlotte and sought at least $13.5 million in PPP loans for them. These included several moving companies, but the authorities found “no records of any operating websites.” According to the Prosecutors, Hines also erroneously claimed he had 70 employees.
The bank started sending him the funds on May 11. They approved three of his applications for $3.9 million.
Five days after receiving $750, 000 in one of the bank accounts, he allegedly purchased a Lamborghini Huracan for $320,000.
He registered the car under his name and under one of the companies that received the PPP loan. Furthermore, he went on a $4,500 shopping spree at Saks Fifth Avenue, and paid $8,500 on jewelries. He continued to spend the money on dating websites, food delivery services, and hotels from May to June.
In an affidavit, US Postal Inspector Bryan Masmela stated:
“Collectively, Hines falsely claimed his companies paid millions of dollars in payroll in the first quarter of 2020… State and bank records, however, show little to no payroll expense during this period.”
“A review of Hines Companies Accounts from January to April of 2020 shows monthly inflows averaging around $200,000—far less than the millions of dollars in payroll Hines sought in the PPP application,” Masmela also added.
David Tyler Hines’ lawyer, Chad Piotrowski told the Washington Post that his client is “anxious to tell his story when the time comes.”
Devoted Son Climbs Hospital Building To Watch Over His Dying Mother Every Night
Everyday, he goes up there to make sure his mom doesn’t feel alone.
- Jihad Al-Suwaiti climbs two- stories every night to sit outside a window ledge.
- Rasma Salema, his mother, had leukemia - and then she tested positive with the coronavirus a few weeks ago.
- The 30-year old man always climbs up because he refuses to let her suffer alone. Sadly, his mother passed away last Thursday.
Russian Influencer Divorces Husband, Then Marries Her Stepson
Now they’re expecting a baby.
- 35-year old Russian influencer Marina Balmasheva made headlines when she posted pictures of her relationship with her 20-year old stepson Vladimir "Voya" Shavyrin back in May.
- Marina divorced Voya's dad in 2017 and began a relationship with her stepson.
- This was then followed by a video of their simple marriage registry posted on Instagram and a wedding photoshoot.
- The latest update from the couple is that Marina and Voya are expecting a new baby.
Vogue Editor Gets ‘Racially Profiled’ By Security Guard At Their Own Building
“It doesn’t matter what you’ve achieved in the course of your life: The first thing that some people will judge you on is the color of your skin.”
- British Vogue editor-in-chief Edward Enninful has posted how he has been "racially profiled" by a security guard in the magazine's office.
- He wrote about the experience on social media and he has since been flooded by messages of support.
- Vogue publisher Condé Nast has since dismissed the security officer.
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