Games World

A US Business Owner Allegedly Spent $57,789 Of Covid Relief Money On A Pokémon Card

Is now facing prosecution.

We’ve seen plenty of reports and evidence over the last few years to show us that the market of rare Pokémon cards has been getting increasingly volatile, with the collectibles becoming – in some cases – highly valued and speculative investments. Now there’s a rather extraordinary report of a small business owner allegedly defrauding a coronavirus relief fund in order to invest in a card.

This has emerged due to a filing online of a federal prosecution, which states that the individual in Georgia (USA) applied for small business aid through the CARES Act (Coronavirus Aid, Relief and Economic Security) in July 2020. It is claimed that the individual made ‘false statements about the number of individuals his company employed and his company’s gross revenue’ in order to claim from the fund – they received $85,000.

Read the full article on nintendolife.com