Jewelry, strippers & Lamborghini: Texas man accused Of COVID-19 fraud
Houston man accused of making fraudulent applications for coronavirus relief aid and then spending the money cars, strippers and other luxury goods.
federal prosecutors say 29 year old Lee Price lied on federal loan applications in order to get government assistance. He allegedly created a phony Houston business with an address inside Williams Tower on Post Joke and got $1.6 million of federal money meant for Cove in 19 relief. He is now facing several charges, including making false statements, wire fraud, bank fraud and engaging in unlawful monetary transactions. The U. S attorney says Price created Price Enterprises Holdings L. L C. He then applied for the loans, claiming his business had several employees and expenses, which prosecutors say is false. Instead, he allegedly spent the money on strip clubs and nightclubs, a Lamborghini Rolex watch and you some of the money to buy a new pickup truck.