Court records show Lloyd transferred a $1.8 million slice of his Paycheck Protection Program funds to a brokerage account, which grew to $13 million as Tesla stock soared. Lloyd also obtained a fraudulent $160,000 Economic Injury Disaster loan from the U.S. Small Business Administration.

Cont'd:
https://www.oregonlive.com/crime/2022/01/oregon-man-who-defrauded-covid-relief-programs-used-sheer-dumb-luck-to-net-13m-in-tesla-stock-sentenced-to-4-years-in-prison.html