AmericaA California man was arrested for spending millions of dollars in assistance to buy a Ferrari, a Lamborghini and a Bentley.
Mustafa Qadiri, 38, was charged with fraud, money laundering and other counts. With $ 5 million received from the US government’s Payroll Protection Program (PPP), Qadiri bought a range of vehicles, including a Ferrari 458 Italia, a Lamborghini Aventador S and a Bentley Continental GT.
Start receiving support from the end of May 2020 and by the beginning of June of the same year, Qadiri has received nearly $ 5.1 million. This businessman applied to 3 different banks for support for 4 companies in California. However, prosecutors argued that these companies were inactive and believed that Qadiri used someone’s name, social security number and signature to apply.
State officials seized a 2011 Ferrari 458 Italia and a 2018 Lamborghini Aventador S registered under the name All American Capital Holdings – one of the companies Qadiri mentioned in the application for assistance. A 2020 Bentley Continental GT was also seized because it was purchased with money from PPP. Qadiri was also accused of using the money for “lavish vacations” and was confiscated $ 2 million from his bank account.
If convicted, Qadiri could face a total of 302 years in prison.
This is not the first time US prosecutors have arrested and accused an individual of using Covid-19 money to buy luxury cars. In July 2020, a 29-year-old man also had trouble buying a 2020 Lamborghini Huracan Evo after receiving $ 4 million from the government. Just a month later, a man in Texas was also arrested when he received $ 1.6 million in support and bought a Lamborghini Urus. In the same month, another person in Washington DC was arrested for paying $ 2.1 million in support money to buy a Kia Stinger and a house for $ 1.12 million.
America – England (according to the New York Times)