Oct 25, 2021
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Georgia man spends COVID loan on $57K rare Pokémon card, says prosecutor

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A Georgia man is facing wire fraud charges for allegedly using a COVID-19 government loan to purchase a rare $57,789 Pokémon card. According to The Telegraph of Macon, Georgia, the U.S. government charged Vinath Oudomsine on Oct. 19 in federal court in Georgia.

Oudomsine faces one count of wire fraud, which if convicted means up to 20 years in prison and up to $250,000 in fines. Court documents say Oudomsine applied for an Economic Injury Disaster Loan (EIDL) in 2020, claiming he needed funding for a business in which he employed 10 workers.

EIDL loans, part of a huge pandemic relief plan Congress passed last year, were intended to pay a business’ workers and rent, but Oudomsine allegedly used $57,789 of the $85,000 he got to buy…



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