A MAN in the US has been charged with buying a Lamborghini with illegal COVID-19 stimulus funds.

A second complaint surfaced Tuesday, local time, about a man using fraudulently obtained new crown virus incentives to buy luxury cars and luxury goods,media CNET reported. The man, from Texas, allegedly secured a $1.6 million Paycheck Protection Program loan and bought a Lamborghini Urus and many other items. The U.S. Department of Justice says a Houston man filed two PPP loan applications under the CARES Act and allegedly named two companies that needed pay assistance. The first received $900,000 and the second received $700,000.

A MAN in the US has been charged with buying a Lamborghini with illegal COVID-19 stimulus funds.

The complaint also says that although the application says that both companies have large employees and pay huge salaries, neither of the companies in which the man applied for a loan employed anyone. One of the applications is also said to list a deceased chief executive who died a month before he submitted his PPP application.

A MAN in the US has been charged with buying a Lamborghini with illegal COVID-19 stimulus funds.

The U.S. Department of Justice said the $1.6 million was used to buy a Urus SUV and a Rolex, and allegedly financed various real estate transactions. In addition, some of the fraudulent funds were used to purchase a Model 2020 Ford F-350 pickup. Notably, the money is intended to support small businesses struggling to make ends meet in the event of a new crown pandemic. Loans are waived as long as business owners use the money to pay wages, interest, rent, mortgages and utilities within the specified time.

The man was charged with making false statements to financial institutions, wire fraud, bank fraud and engaging in illegal currency transactions.