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US man sentenced to six years’ jail after pleading guilty to US$3.9m wire fraud, used money to buy US$318,000 Lamborghini
A Florida man has been sentenced to six years’ jail for fraudulently obtaining US$3.9 million (RM16.56 million) in Paycheck Protection Programme (PPP) loans.
He also used part of those funds to purchase a US$318,000 (RM1.31 million) Lamborghini luxury car for himself.
In a statement posted by the US Department of Justice, David T. Hines, 29, had pleaded guilty to one count of wire fraud on February 10.
Court documents found the Miami native had submitted multiple PPP applications to a PPP-participating lender, claiming to have had dozens of employees and millions of dollars in monthly payroll.
“In addition to submitting false and fraudulent IRS forms to support the applications, Hines also assisted other individuals in obtaining fraudulent PPP loans.”
Shops may be blacklisted and face prosecution for cashing out consumption vouchers
The government warned shops would be blacklisted and face legal consequences if they were found trying to cash out the electronic consumption vouchers.
Hong Kong's Digital Tech Supporter Cyberport Reports Approval of 54 Applications for Fintech Proof of Concepts
Hong Kong-based digital technology park Cyberport has revealed that the application stage for the initial phase of its Fintech Proof-of-Concept (PoC) Subsidy Scheme has now clos...
Hainan faces an uphill struggle to catch Hong Kong, Singapore and Dubai
The island’s transformation into global trade hub is far from assured, not least because of its chequered past as a base for exiles and smugglers. It is not known for efficiency...
China sends three astronauts to new space station in first crewed mission for five years
Flag-waving children singing patriotic songs watch as three astronauts blast off for China's space station module.
Lift off! China sends astronauts to new space station
China launched its first crewed mission in five years, heading to the Tianhe core module of its new space station for a three-month stay.
China considers lifting all childbirth restrictions by 2025
Provinces with the lowest birthrates would see restrictions eased before the whole country does
‘Seattle toilet water’: Coffee shop asks fans to rename frappuccino
‘F*ckstar orange frappé’ was among the most popular choices
Dozens of women sue Pornhub - alleging explicit videos were uploaded without their consent
More than 30 women accuse MindGeek, parent company of Pornhub, of profiting from non-consensual sex videos.
Miami Mayor Wants to Bring Chinese Bitcoin Miners to Florida
Miami Mayor Francis Suarez has a message to Chinese Bitcoin miners facing regulatory crackdown in China: Miami could offer cheap nuclear energy to mine bitcoin.
A ransomware attack can begin in surprisingly simple ways
Hackers often look for cracks in an organization's human shield
NASA 'keeping eye' on Jeff Bezos and other space astronaut billionaires
Worth $177B, Bezos is the world's richest man; Musk is second at $151B
How Huawei is revolutionising the London shopping experience
The brand continues to innovate with its immersive experience store in east London’s Westfield Stratford City, writes Winston Eavis
‘Windows 11’ is coming and it's giving off 'serious Mac vibes'
The new Windows 11 operating systems 'feels a lot like MacOS'
HSBC finally offloads its French retail bank, but at a loss of $2.3bn
After 18 months, sale is in sight
'Flying car' drone race series launched - with remote pilots to battle in three events
The Airspeeder series will see up to four teams use remote pilots to control drones in three events in 2021. It's billed as the first 'flying car' race series
LOUIS VUITTON | WOMEN'S CRUISE 2022
6 Tiny Homes and Studios You Can Buy on Amazon
Now you can add a tiny home or cabin kit to your cart.
Amazon's Jeff Bezos backing nuclear fusion plant in the UK
General Fusion has raised approximately $300M from its investors to date
Paraguay Follows El Salvador: Bitcoin Bill on the Table in July
Paraguay’s National Deputy, Carlitos Rejala confirmed that plans are in place to discuss the formal legalization of Bitcoin next month.
Other Way Around: New Study May Amend Charles Darwin's Theory on 'Sexual Selection'
Szekely insisted that his and his colleagues’ findings do not invalidate Darwin’s theories of natural selection and sexual selection.
Hong Kong’s intellectually disabled spend less time outdoors amid pandemic: study
Findings are part of Chinese University survey done in 19 countries on carers, with 269 of them from city.
U.N. decries "further chilling message" for Hong Kong media freedom
The Hong Kong police raid at pro-democracy tabloid Apple Daily "sends a further chilling message for media freedom", the chief U.N. human rights spokesperson told Reuters on Fri...
Ireland wants a 'compromise' on Biden's 15% global tax plan
Ireland, known for its low tax rates, wants a compromise over global taxation, the country's finance minister told CNBC.
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