Mike Burke

This Is LOOTING at its BEST : PPP Loan Money Used To But A Yacht

Federal Prosecutors say a Florida man used payroll protection program loan money to buy a nearly $700,000 boat.

Casey Crowther, 35, received more than $2 million from the federal loan program set up during the coronavirus pandemic to protect businesses and their employees on behalf of his company Target Roofing and Sheet Metal. US Attorney Maria Chapa Lopez said.

WINK reports Within days of getting the loan money, Crowther wired $689,417 to a Sarasota company to buy 40-foot-2020 InvincibleCatamaran in which he registered in his name.