Fort Lauderdale man charged with COVID-19 rescue fraud, buying Lamborghini, Rolex, Louis Vuitton with loan money – CBS Miami

MIAMI (CBSMiami) – A South Florida man accused of fraudulently obtaining COVID-19 relief loans under the Paycheck Protection Program appeared for the first time in federal court in Fort Lauderdale on Wednesday .

Valesky Barosy, 27, of Fort Lauderdale, is accused of submitting fraudulent loan applications on behalf of himself and his accomplices, seeking more than $ 4.2 million in PPP loans.

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According to the charges, Barosy and his accomplices received around $ 2.1 million in PPP loans from the fraudulent scheme.

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Barosy is accused of using the proceeds of the fraud to purchase a Lamborghini Huracán EVO, Rolex and Hublot watches, as well as designer clothes from Louis Vuitton, Gucci and Chanel.

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The indictment charges Barosy with five counts of wire fraud, three counts of money laundering and one count of aggravated identity theft. If convicted, Barosy faces up to 132 years in prison.

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