Pierre Rogers spent COVID-era loans on a raft of luxury goods including a 2011 Rolls-Royce Ghost ($107,780) and a stay at a Ritz-Carlton.
An Irvine man went on a luxury spending spree with fraudulently obtained PPP loans, buying himself luxury cars and designer swag, and landing himself in prison, federal prosecutors announced Friday.
Rogers and his co-defendant, Joshua Leavitt, applied for nearly $5 million in loans from the Paycheck Protection Program as well as Economic Injury Disaster Loans for several businesses that they owned using falsified documents including tax returns.Two men arrested in ‘cold-blooded’ massacre of 6, including mother and baby, in Tulare County
Much of the money was spent not for the benefit of company employees but on a raft of luxury items and experiences.He spent nearly $2,000 at Cartier, more than $4,000 at a Jaguar/Land Rover dealership and over $3,000 each at Bulgari and Bottega Veneta.
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