MIAMI - A Florida man was arrested on July 27 after federal authorities say he used $3.9 million in Paycheck Protection Program (PPP) loans to purchase a Lamborghini sports car for himself.
Miami resident David T. Hines, 29, was charged with one count of bank fraud, one count of making false statements to a financial institution and one count of engaging in transactions in unlawful proceeds, according to the U.S.