Home Scam/Fraud Maurice Fayne Jailed for 17 Years after Gambling Away $5m of Investors...

Maurice Fayne Jailed for 17 Years after Gambling Away $5m of Investors Money » Scammer News

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07:47
01 Oct

Reality TV star Maurice Fayne was this week sentenced to 17 years in federal prison for conspiracy and wire fraud, having spent $millions in falsely claimed PPP funds on a lavish, highroller lifestyle that included blowing $5million in an Oklahoma casino

Fayne, aka “Arkansas Mo”, found fame in Love & Hip Hop: Atlanta, but it transpired that he was making his fortune through a Ponzi scheme connected to his trucking business.

The scheme to defraud investors ran for seven years, from March 2013 to May 2020, according to Acting US Attorney Kurt R. Erskine. The court heard that Fayne had spent more than $5million of investors’ money at a casino in Oklahoma, as well as to pay off personal debts.

The scheme came to light when Fayne applied for a $3.7million federal government PPP (Paycheck ProtectionProgram) loan in April of last year.


Fayne claimed his business had 107 workers, with an average monthly…

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