LOS ANGELES—An Orange County man was sentenced Feb. 17 to 4 1/2 years in federal prison for fraudulently obtaining $5 million in COVID-relief loans for his sham businesses, then used the money on himself, including purchasing Ferrari, Bentley, and Lamborghini cars.
Mustafa Qadiri, 42, of Irvine, was sentenced by U.S. District Judge Josephine L. Staton, who also fined him $20,000 and ordered him to pay $2.86 million in restitution, according to the U.S. Attorney’s Office.
