A Las Vegas man has allegedly stolen about $ 2 million in federal aid funds COVID-19 intended for small businesses – all so he can buy luxury cars and homes, prosecutors said.
Jorge Abramovs is charged with bank fraud after allegedly applying for funds from the Paycheck Protection Program between April and June 2020, the Las Vegas Review-Journal reported.
Prosecutors accused Abramovs of using various company names, including the National Investment Group Corporation, National Legal Advisors In Care Of and the National Investment Group, when they applied for the aid.
In one application, Abramovs claims that NIGC has 18 employees and an average monthly salary of $ 64,797.
According to another application, NIGC had 49 employees with a salary of $ 55,235, according to a federal criminal complaint obtained through the outlet.
In total, Abramovs allegedly got away with fraudulent PPP loans with $ 1,986,737.46, the indictment reads.
He allegedly used those funds to buy a 2020 Bentley Continental GT Convertible for $ 260,982, a 2020 Tesla and two luxury apartments in Las Vegas, ranging from $ 225,000 to $ 415,000, prosecutors say.
Abramovs was arrested during a detention trial on Friday.