Georgia man arrested for lying on his Economic Injury Disaster Loan (EIDL) application and using the money to buy a $57K Pokemon card

Per McClatchy News:

A man in Georgia used more than two-thirds of his COVID-19 relief loan to pay for a Pokemon card, according to federal prosecutors.

Vinath Oudomsine was charged by criminal information on Tuesday with one count of wire fraud after the government said he lied about how many employees he had and the revenue his business generated in an application for an Economic Injury Disaster Loan, or EIDL, during the pandemic.

The charge carries a maximum sentence of up to 20 years in federal prison and $250,000 in fines, though the actual sentence is usually far less.

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