Monday, September 20, 2021

Love and Hip Hop Cast Member Sentenced for PPP Loan Scam

Back in May Love and Hip Hop Atlanta friend of the cast Maurice 'Arkansas Mo' Fayne pleaded guilty to 6 counts of federal bank fraud for misusing COVID19 payroll protection loan funds [click here if you missed that]. 

Now its time to pay the piper...

According to reports Arkansasa Mo was given the maximum sentence of 17 and a half years in prison plus five years of supervised release and ordered to pay nearly $4.5 million in restitution. 

Apparently Mo used the Covid loan to cover payments on his long running Ponzi scheme operation.