Fraud
Covid Fraudster Who Bought Property, Tesla Stock With Stolen Cash Is Caught
- Andrew Aaron Lloyd Scammed $3.4 million in Covid-relief loans
- He used some of the money to buy nearly 16,000 shares of Tesla
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Andrew Aaron Lloyd was a savvy investor, but a lousy fraudster.
The businessman from Lebanon, Oregon, made millions buying nearly 16,000 shares of Tesla Inc., but lost it all -- along with his freedom -- when the feds figured out he had bankrolled his investments with proceeds from fraudulently obtained Covid-relief loans.