Baller Alert
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
Baller Alert
No Result
View All Result

“Love & Hip Hop” Star Mo Fayne Pleads Guilty In PPP Loan Fraud Case

by Regan
May 16, 2021
Reading Time: 1 min read
0
Mo Fayne PPP Loan

Instagram

Share on FacebookShare on Twitter

Rapper and “Love & Hip Hop: Atlanta” star Mo Fayne is facing serious time behind bars after pleading guilty to 6 counts of federal bank fraud.

According to TMZ, prosecutors say the rapper funded a lavish lifestyle during the pandemic with funds from a Paycheck Protection Program loan.

Fayne was ordered to turnover nearly $100k from several bank accounts as well as 8 2015 Kenworth T680 trucks he purchased. 

Feds dropped 14 other charges against Fayne in exchange for his plea, and agreed to recommend a 151-month prison sentence. Dropping his potential prison time down from a max of 30 years to 12.5 years.

Authorities say Fayne used a PPP loan of over $2M to buy to pay of a load of personal debt and also to purchase $85,000 worth of jewelry.

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to share on X (Opens in new window) X
  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Click to share on Tumblr (Opens in new window) Tumblr
  • Click to email a link to a friend (Opens in new window) Email
  • Click to share on Pinterest (Opens in new window) Pinterest

Like this:

Like Loading...

Discover more from Baller Alert

Subscribe to get the latest posts sent to your email.

Tags: Love and Hip-Hop AtlantaMo FayneNews

Related Posts

RFK Jr. Says He’ll Ban Government Scientists From Publishing in “Corrupt” Top Medical Journals
News

RFK Jr. Says He’ll Ban Government Scientists From Publishing in “Corrupt” Top Medical Journals

May 28, 2025

In a disheartening announcement, Health and Human Services Secretary Robert F. Kennedy Jr. said the government will stop publishing in...

Study Shows COVID-19 Vaccination Can Temporarily Change Menstrual Cycles
News

CDC Pulls Back on Covid Shot Guidance for Healthy Kids and Pregnant Women

May 28, 2025

In a move that caught much of the medical world off guard, the CDC has stepped back from recommending Covid-19...

Andrew Tate's Bucharest Homes Raided Amid New Human Trafficking and Underage Sex Allegations
News

UK Charges Andrew Tate and Brother With Multiple Offenses, Including Rape and Human Trafficking

May 28, 2025

Andrew and Tristan Tate are now facing criminal prosecution in the UK for a series of serious offenses tied to...

NB.1.8.1 COVID Variant Spreads in U.S. as Booster Access Gets Tighter
News

New COVID Variant NB.1.8.1 Is Spreading Fast—And the Government’s Cutting Back Vaccine Access

May 28, 2025

A new COVID-19 variant, known as NB.1.8.1, is officially in the U.S., and it’s spreading quickly. First spotted in travelers...

Next Post
Tiger King and Joe Exotic

Joe Exotic Wants To Be Released From Prison Following Claims Of Prostate Cancer

Leave a ReplyCancel reply

Baller News

Subscribe To Our Newsletter

* indicates required

Follow Us

Subscribe to Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

© Copyright 2024, Baller Alert Inc. All Rights Reserved

No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
%d