Say it isn’t so! Remember when Paycheck Protection Program (PPP) fraud was all the rage? Many people got busted using these government loans to buy luxury cars, trucks, sport utility vehicles, and the occasional Lamborghini. This guy learned the hard way that you can’t defraud the government and get away with it. This Florida Man loses his Lamborghini Huracán EVO and his freedom, getting six years in prison for the scheme.

Florida Man loses his Lamborghini and his court case

According to the Department of Justice U.S. Attorney’s Office in the Southern District of Florida, this Florida Man was convicted of fraudulent submission of COVID-19 relief loans under the Paycheck Protection Program (PPP) back in 2022. Valesky Barosy, 27, out of Ft. Lauderdale, submitted “dozens” of fake PPP loan applications. He submitted these applications for himself and his friends to get more than $4.2 million in loans. Eventually, he obtained more than $2 million from the government, some of which he used to pay for that Lamborghini.

On each application submitted, Barosy did some creative revamping of the applicant’s expenses, profit, and payroll information. He also submitted falsified tax forms from the Internal Revenue Service. After his arrest, these loan applications and tax documents were located on his computer. Text messages were also found on his phone.

He was only one of many busted for the misuse of funds. One man used the fraudulent gains to purchase 39 different cars, including a 2018 Tesla Model 3, a 2017 Mercedes Benz S Class, and a 2014 GMC Yukon XL. Similarly, a 2017 Infinity Q50, a 2015 Cadillac Escalade, and a 2005 Bentley Continental. Another Florida Man bought a $318,000 Lamborghini, spent $4,500 at Saks Fifth Avenue, $4,000 at the Fontainebleau Hotel, and $8,530 at a jewelry store.

Florida Man had to return the Lamborghini and $2.1 million

For each application Barosy submitted for his accomplices, he received a 20% or 30% kickback. After the money started coming in, he purchased a Lamborghini Huracán EVO, Rolex watches, and many other luxury goods from Louis Vuitton, Gucci, and Chanel. In some of the text messages on his phone, this Florida Man told potential clients he knew how to “max out ppp. I do them very good.”

According to a recent Yahoo article, Barosy was sentenced to six years in prison this week. He often posted with the white Lamborghini, bragging about his hard work and dedication. One now-deleted post read: “It’s not the Lamborghini or the million-dollar home that will inspire the world but the trials and tribulations you overcame.” Some of those posts are still up, including one of him exiting a supercar at a dealership.

How much is the Lamborghini Huracán EVO?

Depending on where he purchased the Lamborghini, the Huracán EVO costs upwards of $300,000. Barosy was active on social media platforms like Instagram and YouTube, attributing his wealth to Forex trading and being a “Millionaire Mentor.”

Federal agents subpoenaed the bank that Mr. Barosy did business with to get more information. Since he received the funds directly into his bank accounts, the bank records confirmed all transfers and amounts. The agents could then see payments for watches, luxury handbags, and down payment for the Lamborghini Huracán EVO.

Current listings for the Huracán EVO on duPont Registry show various options, from $285,401 for a 2020 version to $369,951 for 2023 with 51 miles.