Gaming

US Business Owner Allegedly Spent $ 57,789 Covid Relief On Pokemon Map

Image: Nintendo Life

Over the past few years, we have seen numerous reports and evidence showing us that the market for rare Pokémon cards is becoming more volatile and collectibles are becoming – in some cases – a highly valued and speculative investment. Now there is a rather unusual report that a small business owner allegedly robbed a coronavirus relief fund in order to invest in a card.

This was due to an online filing for a federal indictment, which states that an individual in Georgia (USA) applied for small business assistance under the CARES (Coronavirus Assistance, Relief and Economic Security) Act in July 2020. … The man allegedly made “false statements about the number of people employed by his company and the gross income of his company” in order to demand from the fund – they received $ 85,000.

A rather unusual part of the document states that the person “used funds received from the SBA through false and fraudulent presentation to purchase a Pokémon card for $ 57,789.” As we know, some of the rare cards do sell for significant amounts of money in this ball park.

A reminder that times are undeniably strange.




Source link

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button