Fort Lauderdale man charged with stealing PPP loans, buying Lamborghini

A Fort Lauderdale man made his first appearance in federal court on Wednesday, charged with fraudulently obtaining COVID-19 relief loans under the Paycheck Protection Program and using those funds to buy a Lamborghini.

Valesky Barosy, 27, is accused of seeking more than $4.2 million in PPP loans by submitting fraudulent loan applications on behalf of himself and his accomplices.

Barosy and his accomplices received approximately $2.1 million in PPP loans from the fraudulent scheme, which investigators say he used to purchase a Lamborghini Huracán EVO, Rolex and Hublot watches, and designer clothing from Louis Vuitton, Gucci, and Chanel.

Barosy was charged with five counts of wire fraud, three counts of money laundering, and one count of aggravated identity theft. 

He faces up to 132 years in prison if convicted. 


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