United States: Man used Covid-19 relief loan to purchase $57,000 Pokemon card

A Georgia man used a pandemic relief loan to buy a $57,000 Pokemon card, authorities say.

Authorities arrested and charged Vinath Oudomsine.

Court records show the Dublin man 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. He faces one count of wire fraud.

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

If found guilty Oudomsine could face up to 20 years in federal prison and $25,000 in fines if convicted.

Rare Pokemon 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.