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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
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 ...
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 ...
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 ...
Of that amount, $60 billion is for PPP loans made by small banks, small credit unions, and community financial institutions. [19] [20] Appropriates an additional $10 billion for emergency Economic Injury Disaster Loans. [21] [20] Expands eligibility for emergency Economic Injury Disaster Loans to farms and agricultural-related businesses. [22] [20]
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GDP (PPP) means gross domestic product based on purchasing power parity. This article includes a list of countries by their forecast estimated GDP (PPP). [2] Countries are sorted by GDP (PPP) forecast estimates from financial and statistical institutions that calculate using market or government official exchange rates.
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.