Fair 30°
Tag:

Small Business Association Office of Inspector General

News
Feds: Ex-Reality Star Uses $2 Million Business Pandemic Loan For Jewelry, Child Support Feds: Ex-Reality Star Uses $2 Million Business Pandemic Loan For Jewelry, Child Support
Feds: Ex-Reality Star Uses $2 Million Business Pandemic Loan For Jewelry, Child Support Former “Love & Hip Hop: Atlanta” star Maurice “Arkansas Mo” Fayne used a $2,045,800 coronavirus pandemic loan on jewelry for himself – including a 5.73-carat diamond ring – and child support, among other illegal purposes, said federal authorities who charged him with bank fraud. Federal agents who raided Fayne’s Georgia home this week said they seized roughly $80,000 in cash -- including $9,400 that they said he had in his pockets. The 37-year-old Fayne secured the loan in the name of a corporation that he called Flame Trucking to support 107 employees and an average monthly payroll of …

SHARE

by Jerry DeMarco