A luxury car bought by abusing Covid’s money
A man living in California, USA, has spent 50 million on coronavirus relief to buy a luxury car. Mustafa Qadiri has been arrested.
Prosecutors say he used the money to vacate expensive places and buy cars such as Ferrari and Bentley.
Qadiri has been arrested on charges of trying to defraud the Paycheck Protection Program. The program was launched in 2021 to help small businesses during the Covid epidemic.
Federal agents have seized luxury cars and about 2 million from Qadri’s bank account.
- Industries Warn of Raw Material Exports Threatening Domestic Manufacturing, Urge Prime Minister to Intervene
- Nepal Rastra Bank Makes National ID Update Mandatory for Mobile Wallet Users by Mid-October 2026
- Nepal Supreme Court Rejects Legal Recognition of Ncell’s 80% Share Transfer, Orders Regulatory Action
- NEPSE Climbs 7.90 Points as Daily Turnover Surpasses Rs. 6 Billion
- Government Moves to End Exploitation in Foreign Employment, Reviews ‘Free Visa, Free Ticket’ Policy
- Nabil Bank Wins Three Prestigious Euromoney Awards, Named Nepal’s Best Bank
- Finance Minister’s Secretariat Urges Investors to Ignore Market Rumors, Says Regulatory Reforms Underway
- Nepal Rastra Bank Eases Margin Lending Rules, Allows Up to 80% Loan Against Strong Shares
- Kathmandu Court Grants Bail to Dipak Bhatt and Sulabh Agrawal in Securities and Insurance Fraud Cases
- Nepal Buildcon International Expo Concludes Successfully in Kathmandu
Comments