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PPP Fraud
G Herbo faces up to 20 years in prison after pleading guilty in a federal fraud case alleging he used stole identities for luxury purchases.
A Houston man received 9 years in prison after taking his illegally obtained PPP loan money and spending almost $1M on a new Lamborgini and strippers.
One of the first arrests related to misusing COVID relief funds has officially been sentenced. David Tyler Hines has received six years in prison for scamming to receive $3.9 million in PPP loans and then using them to buy a Lamborghini.
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