9 FN millions?

The news is out: [A California man was arrested and on Thursday for fraudulently obtaining about $9 million in coronavirus relief funds and using some of the money to gamble in Las Vegas. Andrew Marnell, 40, a resident of the Beverly Grove neighborhood of Los Angeles, allegedly submitted a number of fraudulent loan applications in relation to the coronavirus pandemic and obtained millions in Paycheck Protection Program (PPP) funds. Prosecutors say he used some of the money to make risky stock market bets, and squandered hundreds of thousands of dollars at the Bellagio Hotel and Casino and other gambling establishments in Las Vegas as recently as last weekend. Court documents also allege that Mr Marnell, often using aliases, submitted fake and altered documents, including federal tax filings and employee payroll records. The PPP loans were part of the unprecedented $2.2 trillion CARES Act, which provided aid for millions of Americans suffering the economic effects of the pandemic. The PPP loans allow qualifying small businesses to receive loans with a maturity of two years and an interest rate of 1 per cent.]

He got the money; the American taxpayers got the shaft. Thank you, congress.

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