Home Scam/Fraud Reality TV star sentenced for Ponzi scheme, fraud :: WRAL.com

Reality TV star sentenced for Ponzi scheme, fraud :: WRAL.com

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— 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.

U.S. District Judge Mark H. Cohen sentenced Maurice Fayne, also known as Arkansas Mo, to 17 and a half years behind bars and five years of supervised release. Fayne, 38, of Dacula, Georgia, also was ordered to pay restitution of nearly $4.5 million to the victims.

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…

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