DC Man Charged With Fraud After Buying Kia Stinger And Yacht With COVID-19 Funds

A man from Washington, D.C. has been arrested and charged after fraudulently obtaining more than $2.1 million in funds from the government’s coronavirus Paycheck Protection Program.

A criminal complaint unsealed last week alleges that 41-year-old Kenneth Gaughan requested and obtained $2.1 million in PPP and Economic Injury Disaster Loans relief funds by applying on behalf of several companies that falsely claimed to register emotional support animals. He also allegedly made false representations to receive the loan funds, including forged paperwork and bank records.

TauronB2G - 8/18/2020 7:39:16 PM

+1 Boost

2 million and all he got was a Kia??

MDarringer - 8/18/2020 7:57:46 PM

0 Boost

He bought a yacht. The Stinger was out of the left-over money.

TauronB2G - 8/18/2020 9:45:48 PM

+2 Boost

Does your mother even like you? What an a hole. Btw a 33 ft cruiser is a ski boat.... long way from a yacht.

MDarringer - 8/18/2020 7:39:33 PM

0 Boost

Yeah, buying the Stinger was flaunting it.