"Love & Hip-Hop" star Mo Fayne gets 17 years in prison for PPP loan fraud

[satam55]

Where are you coli nikkas who were promoting doing this stuff last year?

 

[RubioTheCruel]

@Don Diego

 

[DaddyFresh]

The desire for greed humans have is astonishing. He could have exaggerated things slightly and secured a relatively safe but much smaller bag. But this dude was trying to break the irs bank

 

[Koapa]

17 years !! My goodness

 

[Actually6Foot3]

Child rapists don't even get that much time.

 

[goatmane]

According to the Dept. of Justice ... Fayne submitted a $3.7 million PPP loan application, falsely claiming his trucking business had 107 employees and an average monthly payroll of $1,490,200.

The feds say Fayne promised to use the PPP loan to retain workers and maintain payroll but instead used it for improper purposes ... including $40k for past-due child support, $85k for for jewelry, $136k for a Rolls-Royce, and $907k to start a new business in Arkansas.

After he's released from prison ... Fayne will be on 5 years of supervised release. He also has to pay a huge restitution bill ... a whopping $4,465,865.55.

 

[Pull Up the Roots]

Damn. 17 years and he's gotta pay 4m+ in restitution? They're making an example outta him.

 

[GrindtooFilthy]

Why would you play yourself like that…

 

[SupaVillain]

17 years?! Wtf

 

[Atlrocafella]

Well gotdamnyamanHov , you know they will make a super example out of black people for playing with the Feds Money.

 

[UncleTomFord15]

Go to prison for 17 years brehs

 

[SAINT]

including $40k for past-due child support, $85k for for jewelry, $136k for a Rolls-Royce,

 

[Tim2520]

The clout chasing, fronting for people that don’t give a fukk about you lifestyle has consequences

 

[RadaMillz]

no money is worth my freedom


I remember someone trying convince me to apply for that 10k

 

[Commish]

I don't know who this dude is, but he has to serve @ least 80% of that time, right? That's 14 years, if he don't get into trouble, right?