ADAD“Collectively, Hines falsely claimed his companies paid millions of dollars in payroll in the first quarter of 2020,” Bryan Masmela, a U.S. Some even claimed loans for defunct companies. Hines first submitted applications for seven businesses, requesting more than $13.5 million worth of loans from a bank in Charlotte, prosecutors said. Hines claimed to own and operate a handful of moving companies, but Masmela said authorities “found no record of any operating websites” for those businesses. It didn’t take long for Hines to exploit the funds for his own enjoyment, prosecutors said.

Source: Washington Post July 28, 2020 10:52 UTC