Man used Covid business loan to buy $57,000 Pokémon card

Federal prosecutors say a man used a pandemic relief loan to buy a $57,000 Pokémon card.

Court records show Vinath Oudomsine is charged with lying on an application for a pandemic economic relief loan about the number of people his business employed and the company’s gross revenue. The Dublin, Georgia, man faces one count of wire fraud.

The court filing said Oudomsine received $85,000 in August of last year, and used the money to buy a Pokémon card for $57,789.

The Telegraph of Macon, Georgia, reports that defense lawyers issued a statement declining to talk about the case.

Rare Pokémon cards can sell for thousands of dollars. Collectors have been bidding up prices for trading cards, video games and other mementos.

Dublin, a city of about 16,000 people, is located about 130 miles southeast of Atlanta.

One thought on “Man used Covid business loan to buy $57,000 Pokémon card

  1. Well, hears one guy, that got his cash, I applied for my business ,that I had, for close to 19 years, and was legitimate ,and only recd, a small relief, of 10,000. Of pandemic relief, and basically, used every penny for rent.electric, invoices, and was gone, in a flash, and we closed up, in dec, of last year ,from lack of any business, and customers not coming in,due to the covid, and then reading in all papers of people getting huge sums of covid pandemic relief, not even entitled to monies, I guess they knew how to fill out the forms better than us, and going around the red tape, without even owning or doing a business, and to companies with enormous wealth and stability, getting relief,and not ,suppose to get it….and here we are a mom and pop, brick mortar store gone from the neighborhood,after 19 years of doing business, it’s not right, it sucks, and so not fair to the small business owners that actually work hard,and wanting to stay in business forever…

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