Who is Lee Price III? Lee Price III is a Houston man who has been sentenced to 9+ years in prison after he was accused of using federal COVID-19 relief funding on his Lamborghini, a Rolex watch and trips to strip clubs.
A 30 year old Lee was sentenced Monday to 110 months in prison. He pleaded guilty in September to wire fraud and money laundering.
“Mr. Price hopes that others will learn from his reckoning that there is no easy money,” Price’s lawyer Tom Berg said in an email to news outlets. “He has the balance of the 110-month sentence to reflect, repent and rebuild his misspent life.”
Prosecutors accused Lee of fraudulently using more than $1.6 million in funding from the Paycheck Protection Program, which gave low-interest loans to small businesses struggling during the pandemic.
According to prosecutors, Price also used the money to buy an $85,000 pickup truck and to pay off a loan on a residential property.
Lee Price III Age, Wiki, Wife, Family and more
|Full Name||Lee Price III|
|Age||30 years old (As of 2021)|
|Date of Birth||1991|