Trucking company owner indicted in PPP loan fraud, Ponzi scheme

Federal investigators have charged a reality TV star and owner of a trucking company with bank fraud and money laundering, alleging he misused funds meant to help small businesses stay afloat during the COVID-19 pandemic.

Prosecutors allege that Maurice Fayne, aka “Arkansas Mo,” 37, of Dacula, Georgia, who appeared on VH1’s reality TV show “Love & Hip Hop: Atlanta,” applied for and received a $3.7 million loan through the Paycheck Protection Program (PPP) in mid-April for his trucking company,...

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