LAS VEGAS (AP) - A Nevada man has been charged with fraudulently obtaining about $2 million in federal coronavirus relief aid, meant for small businesses, to buy luxury vehicles and condominiums in Las Vegas, federal prosecutors said.
The U.S. attorney’s office in Nevada accused Jorge Abramovs with bank fraud after he allegedly applied for funding to at least seven banks between April and June 2020, the Las Vegas Review-Journal reported.
The complaint said Abramovs used a variety of company names - National Investment Group Corporation, National Legal Advisors In Care Of and National Investment Group - that “misrepresented the number of employees and the amount of revenue and payroll his companies had” to the banks.
The complaint said a financial analysis determined Abramovs spent the money on personal luxury items, including a 2020 Bentley Continental GT Convertible for more than $260,00 and a 2020 Tesla Model 3 for about $55,000.
Abramovs was ordered remanded in custody on Friday during a detention hearing.
A defense lawyer assigned to represent Abramovs didn’t immediately respond to an emailed request by The Associated Press for comment on his behalf.
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