July 27 (UPI) — Federal prosecutors in Florida on Monday accused a man of defrauding nearly $4 million from a coronavirus aid program and buying himself a Lamborghini sports car with some of his ill-gotten gains.David T. Hines, 29, has been charged with one count of bank fraud, one count of making false statements to a financial institution and one count of engaging in transactions in unlawful proceeds, the U.S. Department of Justice said in a release.

According to the criminal complaint unsealed Monday with his appearance before U.S. Chief Magistrate Judge John J. O’Sullivan in the Southern District of Florida, Hines attempted to secure some $13.5 million in Paycheck Protection Program loans designed to help small businesses pay workers on their payroll amid the coronavirus pandemic.

The PPP was included in the more than $2 trillion Coronavirus Aid, Relief and Economic Security Act that President Donald Trump signed into law in March.

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In the complaint, prosecutors accuse Hines of making false statements concerning the number of employees on his payroll in seeking $13.5 million from lenders, which approved three of his applications for $3.98 million.

“Those purported employees either did not exist or earned a fraction of what Hines claimed in his PPP application,” the complaint states. “State and bank records, however, show little to no payroll expense during [the first quarter of 2020].”

Of the money he received, some was spent on dating websites, luxury jewelry, clothing and Miami beach resorts, prosecutors said, adding that within days of receiving the funds, more than $318,000 went to purchase a 2020 Lamborghini sports car that he jointly registered in his name and that of his company.

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The complaint states that Hines claimed to have at least 70 employees, but prosecutors said he has an average monthly flow of some $200,000 and that he spent none of the PPP money he received went to payroll.

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