Miami real estate broker who used $381,000 in PPP loans on a Bentley, apartment & luxury lifestyle, sentenced to 3.5 years in prison… during sentencing her excuse was “everybody was doing it”
According to the indictment, Rendon obtained more than $380,000 from the Paycheck Protection Program and Economic Injury Disaster Loans under her company names Rendon PA and Rendon Holdings.
She then used the money to lease a 2021 Bentley Bentayga, rent a luxury apartment on Biscayne Bay, receive cosmetic dermatology procedures and refinish her designer shoes. That Bentley model costs more than $3,000 a month to lease.
Rendon also will be under supervised release with special conditions for three years after her prison sentence and owes nearly $200,000 in restitution.
At the height of the pandemic, Rendon pretended to be a Miami real estate developer who desperately needed relief loans from the federal government to stay afloat. But rather than spend the money on legitimate business expenses, Rendon used the COVID-19 loans to lease a 2021 Bentley Bentayga (sales price, $181,000), rent a Biscayne Bay apartment, pay for cosmetic dermatology procedures and refinish her designer shoes, according to court records.
It’s not as easy to see that you’re really stealing from your neighbors, your friends and other citizens,” Moore said, crediting Rendon, 31, with recognizing her true victims as he condemned her crime. “It’s their money that goes to the Treasury that makes it possible to have these kinds of programs.”
Rendon, who also was ordered to pay back $198,990 to the U.S. government, surrendered to prison authorities immediately after her hearing as about a dozen tearful family members and friends said their good-byes.
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