Federal authorities in the United States have accused a man from Armenia of orchestrating a massive renewable fuel tax credit fraud scheme allegedly worth over $500 million.

According to reports, investigators claimed the suspect fraudulently obtained funds through a renewable energy tax program meant to support clean fuel production. Authorities alleged that the scale of the operation allowed him to acquire several luxury assets, including high-end cars such as Lamborghinis and Bugattis, as well as private jets, yachts, and expensive properties located in places like Huntington Beach, Utah, and Turkey.

The case has since sparked widespread reactions online, with many people expressing concern over alleged abuse of taxpayer-funded programs and calling for stricter oversight of government financial incentives.

U.S. authorities are reportedly continuing investigations into the matter as efforts are made to recover assets connected to the alleged fraud scheme.