Gay DC man accused of embezzling millions in COVID funds to buy house and yacht
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. Attorney’s Office.