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Maurice "Mo" Fayne, ... Atlanta' sentenced to 17 years in prison for misuse of PPP loans. Raechal Shewfelt. ... $50,000 for money he owed in another legal case and $907,000 to start a new business
Maurice Fayne, also known as Arkansas Mo, who was once featured on Love and Hip Hop: Atlanta, has been sentenced The post Former ‘Love & Hip Hop: Atlanta’ star sentenced to 17 years for PPP ...
Fayne, who appeared on several episodes of the popular reality show, ran a multistate Ponzi scheme from March 2013 to May 2020, then filed for a fraudulent loan to cover repayments, prosecutors said.
President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...
A public–private partnership (PPP, 3P, or P3) is a long-term arrangement between a government and private sector institutions. [1] [2] Typically, it involves private capital financing government projects and services up-front, and then drawing revenues from taxpayers and/or users for profit over the course of the PPP contract. [3]
Lorenzo Fayne was born on April 2, 1971, in Milwaukee, Wisconsin, in a family of several other brothers and sisters. [3] Fayne spent his childhood and adolescence in the northwestern part of the city, a region plagued by poverty and crime.
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