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Gay DC man accused of embezzling millions in COVID funds to buy house and yacht

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metroweekly.com

Out reports.The Office of the U.S Attorney for the District of Columbia alleges that Gaughan submitted more than a dozen loan applications for nonexistent companies, including registering the “business names of at least eight bogus emotional support animal companies.”Gaughan successfully obtained more than $2.1 million in loans from the government-backed programs, intended to help businesses remain afloat during the height of the pandemic.After securing the loans, Gaughan allegedly used part of the money to “purchase a 2020 Cruisers Yachts 338 CX 33-foot watercraft, a 2020 Kia Stinger, and a row house,” according to the U.S.

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