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MIAMI – A South Florida man used to be passed just about a six-year federal jail sentence on Tuesday after government say he orchestrated a fraudulent scheme to obtain COVID-19 relief loans and grants.
The scheme incorporated the ones receiving loans and grants from the Paycheck Protection Program (PPP), the Economic Injury Disaster Relief Program (EIDL), and the Shuttered Venue Operator Grant (SVOG).
Court information expose that Andre Lorquet, 39, of Miami, submitted fraudulent packages, and won over $4.7 million in relief funds by way of falsifying earnings and payroll information and filing fraudulent IRS tax paperwork.
The scheme led to Lorquet acquiring roughly $4.4 million in COVID-relief funds, which he applied to buy extravagant pieces comparable to two Tesla S fashions, a Lamborghini Urus, a Porsche Panamera GTS, a diamond Audemars Piguet watch, a rose gold and diamond pendant that includes his corporate’s brand, a half-kilogram gold chain decorated with 70 carats of diamonds and a 1-kilogram gold chain, in line with the Department of Justice news free up.
Having pleaded to blame to cash laundering, Lorquet confronted sentencing earlier than U.S. District Judge Michael Ok. Moore.
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