Maurice"Mo" Fayne attends"Ferrari Karlie" Single Release Party at Buckhead Loft on July 18, 2018 in Atlanta.has been sentenced to more than 17 years in federal prison for conspiracy and wire fraud related to a Ponzi scheme and related charges involving a fraudulent Paycheck Protection Program loan application.
Fayne pleaded guilty to the charges on May 11. Those also included charges of bank fraud and making false statements to a financial institution involving a loan application for the Paycheck Protection Program, or PPP.“Fayne planned to use the PPP program as a cover for his long-running Ponzi scheme,” said Acting U.S. Attorney Kurt R. Erskine in a news release Wednesday.
During the scheme, Fayne spent more than $5 million at a casino in Oklahoma, the U.S. Attorney’s Office for the Northern District of Georgia said.
HEY 👋, I got a business proposal for you, HMU and see if you’d like to give it a shot💸 🇺🇸🇨🇦
a former cast member on the reality television show 'love & hip hop: atlanta' has been sentenced to more than 17 years in federal prison for conspiracy and wire fraud related to a ponzi scheme and related charges involving a fraudulent paycheck protection program loan application
That's A TAD HARSH. ...START GIVING DEEEZE NI8XXXXCA 's WIT ILLEGAL GUNS 17 YEARS ..INSTEAD OF 3-7 HERE IN NY ...& I BET THE KILLINGS WILL GO DOWN ....
Greedy!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'Love & Hip Hop' Star Mo Fayne Gets 17 Years in Prison in Fraud Case'Love & Hip Hop' star Mo Fayne gets 210 months in prison in PPP loan fraud case. He cut a deal and STILL GOT 17.5 years?! 😳 Y’all thought they was playin about them PPP loans 😂 I personally know murderers who got less time damn that's a lotta months yo
Source: TMZ - 🏆 379. / 59 Read more »
‘Love & Hip Hop: Atlanta’s Mo Fayne Sentenced To 17 Years In Prison For FraudLove & Hip Hop: Atlanta’s Maurice Fayne (aka Arkansas Mo) has been sentenced to 17 years in federal prison for conspiracy and wire fraud, including the misuse of millions of dollars in PP… Betcha 50 bucks Erika Jayne walks away scott free RHOBH
Source: DEADLINE - 🏆 109. / 63 Read more »
‘Love & Hip Hop: Atlanta’s Mo Fayne Sentenced To 17 Years In Prison For FraudLove & Hip Hop: Atlanta’s Maurice Fayne (aka Arkansas Mo) has been sentenced to 17 years in federal prison for conspiracy and wire fraud, including the misuse of millions of dollars in PP… Betcha 50 bucks Erika Jayne walks away scott free RHOBH
Source: DEADLINE - 🏆 109. / 63 Read more »
'Love & Hip Hop' Star Mo Fayne Gets 17 Years in Prison in Fraud Case'Love & Hip Hop' star Mo Fayne gets 210 months in prison in PPP loan fraud case. He cut a deal and STILL GOT 17.5 years?! 😳 Y’all thought they was playin about them PPP loans 😂 I personally know murderers who got less time damn that's a lotta months yo
Source: TMZ - 🏆 379. / 59 Read more »
Ex-Cryptocurrency Fund Manager Sentenced to 7½ Years in PrisonA 24-year-old cryptocurrency hedge-fund manager who lied about returns on his $90 million fund and siphoned money from its accounts to cover a lavish lifestyle was sentenced to 7½ years in prison
Source: WSJ - 🏆 98. / 63 Read more »
Woman Dragged to Death by Leash After Dog Fails to Follow Her Off TrainShe boarded the train, but hopped off at the last second (via toofab) TooFab TooFab Sorry but, couldn’t she just let go of the leash? Don’t mean to be disrespectful, this is horrible news. TooFab Darwin award?
Source: TMZ - 🏆 379. / 59 Read more »