Texas man who used COVID relief funds to buy Lamborghini sentenced to prison

[enhanced_deficit]

Texas man who used COVID relief funds to buy Lamborghini sentenced to prison

Kenneth Garger
November 30, 2021

Lee Price III was sentenced to nine years in prison for buying a Lamborghini with COVID relief funds. Houston Police Department
A Texas man was sentenced to over nine year in prison on Monday for fraudulently obtaining COVID-19 relief funds that he used for the purchase of a Lamborghini and other expenses.
Lee Price III, 30, who pleaded guilty in September to wire fraud and money laundering charges, received $1.6 million in PPP loan funds by falsifying his applications, the Department of Justice said, citing court documents.
On the applications, Price used the name of a person who died before the documents were submitted, the court documents said.
In the paperwork, he also fudged payroll expenses and the number of employees he purportedly had at three seperate businesses, according to the court docs.
Price used some of the ill-gotten gains to buy a Lamborghini Urus, a Ford F-350 truck and a Rolex watch, the DOJ said.

The DOJ said authorities have recovered over $700,000 in the fraudulently obtained money.

nypost.com/2021/11/30/texas-man-lee-price-iii-who-used-covid-relief-funds-to-buy-lamborghini-sentenced-to-prison/

 

[pcosmar]

The one who lost Millions to Hackers in Wa State was promoted to Washington D C.

 

[Anti Globalist]

Maybe he'll learn his lesson and not buy such a lavish car that results in people suspecting how he acquired the money to buy it.

 

[A Son of Liberty]

Is it wrong that there's a part of me that admires this guy?

 

[Sonny Tufts]

Is it wrong that there's a part of me that admires this guy?

It's hard to see anything admirable about obtaining money by fraud.

 

[NorthCarolinaLiberty]

It's hard to see anything admirable about obtaining money by fraud.

LOL. You oughta know.

 

[Occam's Banana]

It's hard to see anything admirable about obtaining money by fraud.

I agree 100%. All those responsible for giving this guy all that "COVID relief" money should be charged and tried.

 

[A Son of Liberty]

It's hard to see anything admirable about obtaining money by fraud.

You're not good with the whole nuance thing, are you?

 

[pcosmar]

It's hard to see anything admirable about obtaining money by fraud.

How did the government come by the funds to distribute?

 

[oyarde]

How did the government come by the funds to distribute?

In the old days I think they just took it from others , these days I think they just print it .

 

[unknown]

9 years?

That's insane.

Have him return the money.

And a reasonable fine.

 

[Sonny Tufts]

How did the government come by the funds to distribute?

I expected a response like this. First of all, there's no fraud in taxation. The law is out there for everyone to see plain as day; there's no deception. You may think it's theft, but fraud it ain't. Second, if you're suggesting that the guy is just getting his tax money back, that won't fly. It's doubtful he ever paid $1.6 million in federal taxes, and he's really getting back taxes paid by a lot of other people, not to mention corporations, estates, trusts, and every business that paid other excise taxes. But instead of giving the money to charity (since it'd be impossible to figure out how to distribute it to the other taxpayers) he spends it on himself. It's like a Robin Hood who steals tax money from the King and spends it on himself instread of giving it to the poor.

Third, any admiration for this guy would be based on the notion that the end justifies the means, hardly a good moral precept. But hey, have at it. Just don't ever criticize anyone for welfare fraud, Medicare fraud, government contract fraud, or any other scheme to get money from the government by fraud.

 

[A Son of Liberty]

I expected a response like this. First of all, there's no fraud in taxation. The law is out there for everyone to see plain as day; there's no deception. You may think it's theft, but fraud it ain't. Second, if you're suggesting that the guy is just getting his tax money back, that won't fly. It's doubtful he ever paid $1.6 million in federal taxes, and he's really getting back taxes paid by a lot of other people, not to mention corporations, estates, trusts, and every business that paid other excise taxes. But instead of giving the money to charity (since it'd be impossible to figure out how to distribute it to the other taxpayers) he spends it on himself. It's like a Robin Hood who steals tax money from the King and spends it on himself instread of giving it to the poor.

Third, any admiration for this guy would be based on the notion that the end justifies the means, hardly a good moral precept. But hey, have at it. Just don't ever criticize anyone for welfare fraud, Medicare fraud, government contract fraud, or any other scheme to get money from the government by fraud.

Quite a number of strawmen you knocked over there, Sonny boy.

 

[pcosmar]

First of all, there's no fraud in taxation.

It was conceived in Fraud..
It was sold as Voluntary.

It is Theft.

 

[TheTexan]

It was conceived in Fraud..
It was sold as Voluntary.

It is Theft.

Correct. It is theft, but it is neither sold nor advertised as such. Thus, fraudulent.

In similar manner, the concept of "home ownership" in the US is a fraud. It is sold & advertised as ownership, but it is nothing of the kind.

 

[TheTexan]

I expected a response like this.

Then why post.

Why are you even here.

 

[Sonny Tufts]

It was conceived in Fraud..
It was sold as Voluntary.

Bullshit. It's voluntary only in the sense that it relies in the first instance on people truthfully reporting their income instead of having the government making an assessment and sending a bill. It has never been sold as if there was no legal requirement to pay taxes. To the contrary, "it cannot fairly be said that taxpayers are "volunteers" when they file their tax returns. The Government compels the filing of a return much as it compels, for example, the appearance of a "witness" before a grand jury." Garner v. U.S., 424 U.S. 648, 652 (1976).

The only people who think it's voluntary are ignorant tax protesters* (a redundant term) who've swallowed crackpot anti-tax theories like so much Jim Jones kool aid.

*Excluding those who refuse to pay taxes on moral grounds, unlike the folks who think that the law as written doesn't require them to do so.

 

[Sonny Tufts]

Then why post.

Why are you even here.

I find it surprising that anyone here would admire getting money from the government by fraud. Would you admire a welfare queen whose scams get her enough money to buy a Cadillac?

 

[pcosmar]

I find it surprising that anyone here would admire getting money from the government by fraud. Would you admire a welfare queen whose scams get her enough money to buy a Cadillac?

I am opposed to the entire system that would allow it.

up to and including prohibiting the Government from Having money to spend so Frivolously.

Government,(what little is necessary) should be run out of a Tip Jar.. and only funded as necessary and Voluntarily.

 

[TheTexan]

I find it surprising that anyone here would admire getting money from the government by fraud.

The government is fraud. It is entitled to nothing, and it does not have any rights. It is impossible to commit "fraud" against an entity that has no right to even exist.

Would you admire a welfare queen whose scams get her enough money to buy a Cadillac?

As a matter of fact, yes.

I would much rather the welfare queen have that money, than the government.