Love & Hip Hop: Atlanta

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,...

https://s29755.pcdn.co/news/trucking-company-owner-indicted-in-ppp-loan-fraud,-ponzi-scheme

TV celebrity charged with stealing PPP money on behalf of trucking company

A reality TV star who received over $2 million in Paycheck Protection Program (PPP) money to allegedly pay trucking company employees has been arrested on federal bank fraud charges.

Maurice “Mo” Fayne, known as “Arkansas Mo” and a frequent guest on “Love & Hip Hop: Atlanta,” applied for a PPP loan as the sole owner of a Georgia corporation called Flame Trucking, according to federal authorities in Georgia.

Fayne, 37, made an initial appearance Wednesday before a U.S. magistrate judge.

Fayne’s PPP...

https://s29755.pcdn.co/news/tv-celebrity-charged-with-stealing-ppp-money-on-behalf-of-trucking-company