A man fraudulently received an Economic Injury Disaster Loan worth $85,000 and used $57,789 to purchase a Pokémon card.
Vinath Oudomsine, of Georgia, provided false information to the Small Business Administration to receive the money.
In July of 2020, he reported that he had a business with 10 employees and earned $235,000 over the span of one year.
The next month he was given $85,000.
After having that money for five months he purchased the almost $60,000 Pokémon card.
If he is convicted he can face up to 20 years in prison as well as a $250,000 fine.
It’s estimated that the SBA has overpaid $4.5 billion dollars in grants to self employed people committing fraud.
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