(AP) — A Leesburg man has pleaded guilty to illegally obtaining $2.5 million in federal coronavirus loans and using the money to buy an airplane and luxury car.

Forty-nine-year-old Didier Kindambu pleaded guilty Jan. 28 in federal court in Alexandria to bank fraud.

Prosecutors say Kindambu applied for two loans under the federal Paycheck Protection Program for his companies, Papillon Holding and Papillon Air. He submitted fraudulent documentation that his companies employed dozens of workers with millions of dollars in annual payroll when in reality he had few, if any employees.

He received $2.5 million in loans and spent the money on a Lexus, a Cessna turboprop aircraft, jewelry and other personal expenses, according to prosecutors.

He is scheduled for sentencing in August. Sentencing guidelines call for a four-year term, but in court papers Kindambu’s lawyer, Kevin Carroll, said his client is hopeful of receiving a substantially shorter term. In a statement, Carroll said in a statement that Kindambu “looks forward to making the necessary restitution to the government and taxpayers.”

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.

Thank you for reading!

Please purchase a subscription to read our premium content. If you have a subscription, please log in or sign up for an account on our website to continue.