Home News and Society A Florida man buys boat and diamond ring. Then pleads guilty to $2.6 million PPP fraud A Florida man buys boat and diamond ring. Then pleads guilty to $2.6 million PPP fraud News and Society 0 Comment A Florida man agreed to forfeit a boat, two homes, a 4-carat diamond engagement ring and about $2,617,000 after pleading guilty to PPP loan fraud.