Seven people in two states have been charged with allegedly stealing millions of dollars in federal coronavirus relief funds, some of which was spent on a Porsche and Lamborghini sports car, authorities said Tuesday.

The suspects, located in Texas and Illinois, allegedly received $16 million after submitting at least 80 fraudulent applications through the Paycheck Protection Program (PPP) using fake bank records and federal tax forms, prosecutors said.

The PPP loans are taxpayer-subsidized loans that were given to small businesses to help pay employees’ salaries amid the pandemic.