According to reports, a South Florida man was arrested after allegedly using COVID-19 relief funds to purchase luxury items such as exotic cars and designer clothes and watches.
Valesky Barosy, 27, is accused of seeking out more than $4.2 million in COVID-19 relief funds using false IRS tax forms and fake payroll documents. Barosy ended up receiving half of the sought-out amount and spent it on a Lamborghini Huracán EVO, Rolex and Hublot watches, and clothing from Louis Vuitton, Gucci, and Chanel.
Barosy was arraigned on charges Thursday and faces five counts of wire fraud, three counts of money laundering, and one count of aggravated identity theft. If convicted, he faces up to 132 years behind bars.
Source: justice.gov
