Man jailed for 3 years for spending Rs 44 lakh on rare Pokemon card

In Geogia a person was called A. Has been sentenced to three years in prison after buying pokemon card from COVID-19 He was granted debt relief after he claimed to own a small business that supported 10 employees. The loan they received was part of the US Congress’ pandemic relief plan, intended for businesses to use to pay their workers and other bills. The Justice Department has announced the sentencing of Vinath Oudosmin for using the money to buy Charizard Pokémon cards.

Oudosmine was awarded an $85,000 (approximately Rs 65,40,000) economic injury disaster loan intended to support her business. However, the Justice Department said it used $57,789 (approximately Rs 44,47,00) from him to purchase the first-edition, shadowless and holographic Charizard card with a 9.5 mint rating. The judge has directed Oudomsine to pay $10,000 in damages on top of $85,000 and three years in prison. Audomsin has also agreed to return the Charizard card to prosecutors as part of the prosecution, the news release said.

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“Covid-19 disaster relief loans are issued by the government to help businesses struggling to survive during the pandemic, not frivolous collectibles,” said FBI Atlanta Acting Special Agent Philip Wiesler. Pokémon cards have emerged as a serious collectible item over the years. People have created millions of Rare Mint Condition Pokémon cards and many celebrities and YouTubers have also invested heavily in Pokémon cards.

Pokémon cards have become so popular that the e-commerce platform eBay has an authentication system that people can use to see if their Pokémon cards are genuine. Currently, eBay’s Authenticity Guarantee is free on select cards, but is said to be paid out soon.

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