Article: Feds spotlight Miami as capital of COVID-19 fraud, from business to employee benefits

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Feds spotlight Miami as capital of COVID-19 fraud, from business to employee benefits

JAY WEAVER,  26 March 2021

A year ago, Congress agreed to spend hundreds of billions of dollars on benefits for small businesses and employees devastated by the coronavirus pandemic.

Of course, the government’s handout helped the struggling economy. But it also opened the door for a menagerie of con artists to fleece the federal relief program to get rich quick.

Among them: a South Florida man alleged to have bought a Lamborghini for $318,000 with millions in COVID-19 relief loans; a Broward County tax preparer who purportedly pocketed huge commissions for filing $28 million worth of phony business loan applications; and a former NFL player from Miami accused of stealing people’s identities to collect $300,000 in unemployment insurance benefits. Continue reading “Article: Feds spotlight Miami as capital of COVID-19 fraud, from business to employee benefits”