Gotta Catch Em All: Man Spends $57K of Covid-19 Relief Loan On Pokémon Card
A Georiga man took the Pokemon saying "Gotta Catch Them All" to the extreme by spending $57,000 of an Economic Injury Disaster Loan (EIDL) on a rare pokemon card.
Vinath Oudomsine of Dublin, Georgia is in some big trouble after he allegedly took out a COVID-19 Economic Injury Disaster Loan of $85,000 and spent a majority of it on a rare pokemon card.
According to The Macon Telegraph Vinath was charged with one count of wire fraud. Prosecutors said Oudomsine lied about how many employees he had and the revenue his business generated when he filed for an Economic Injury Disaster Loan during the pandemic.
If convicted, Oudomsine faces a maximum sentence of 20 years in prison and up to $250,000 in fines, prosecutors said.
Pokemon cards can actually be worth a lot of money according to dicebreaker A 1999 first edition shadowless holographic Charizard #4 sold for $369,000 in December of 2020.
A Pokemon Blastoise #009/165R commissioned presentation galaxy star hologram two-of-a-kind card suddenly became one of the most valuable Pokémon cards of all time Sold for $360,000 in January 2021.
A Black Star Ishihara Signed GX Promo Card. featuring the Pokémon Company's President himself. Sold for $247,230 in April 2021.
Pikachu Illustrator which is Extremely expensive and extremely rare and known as the Holy Grail of Pokémon cards Sold for $195,000 in October 2019.
Kangaskhan-Holo #115 Family Event Trophy Card. Is the third-rarest Pokémon card of all time Sold for $150,100 in October 2020.
While these cards seem to be worth a lot of money I don't think it's worth breaking the law and going to jail to get one.