The news is out: [Don Cisternino of Bradenton, Florida, was indicted this week in federal court after being accused of spending $7.2 million of funds from the Paycheck Protection Program to purchase a seven-bedroom mansion and three luxury vehicles.
Cisternino was indicted on two counts of wire fraud, three counts of aggravated identity theft and three counts of illegal monetary transaction, according to a report from WKMG.
In July, Cisternino and his girlfriend, Lori Quasky, purchased the Chuluota, Florida, mansion after he was investigated for using fake information to get a loan for his business, known as MagnifiCo, Inc., the Orlando Sentinel said.]
I don’t blame Don Cisternino, I blame the incompetent morons who gave him the money. Once again, the American taxpayer is screwed.