A Las Vegas man allegedly stole about $ 2 million in federal COVID-19 aid funds for small businesses, all in order to be able to buy cars and luxury homes, prosecutors said.
Jorge Abramovs has been charged with bank fraud after allegedly soliciting funds from the Check Protection Program between April and June 2020, the Las Vegas Review-Journal reported.
Prosecutors accused Abramovs of using a variety of company names, including the National Investment Group Corporation, National Legal Advisors In Care Of and National Investment Group, when applying for the aid.
In one application, Abramovs stated that NIGC had 18 employees and an average monthly salary of $ 64,797.
Another request stated that NIGC had 49 employees with a payroll of $ 55,235, according to a federal criminal complaint obtained by the dam.
In all, Abramovs allegedly got $ 1,986,737.46 in fraudulent PPP loans, according to the complaint.
He allegedly used those funds to buy a Bentley Continental GT Convertible 2020 for $ 260,982, a 2020 Tesla and two luxury condominiums in Las Vegas, ranging from $ 225,000 to $ 415,000, according to prosecutors.
Abramovs was ordered jailed in jail during an arrest hearing on Friday.