Houston Man Spent $1.6 Million In COVID-19 Relief Funds On A Lamborghini, Rolex & More

A 29-year-old Houston man is accused of making fraudulent applications for coronavirus relief aid and then spending the money on luxury items. Lee Price III was arrested and is charged with making false statements to a financial institution, wire fraud, bank fraud and engaging in unlawful monetary transactions. Price is accused of using the money to make “lavish personal purchases” including a Lamborghini Urus, a Rolex watch, a 2020 Ford F-350 pickup truck, a real estate transaction & more.