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QuoteRapper and former Love & Hip Hop: Atlanta star Mo Fayne has been sentenced to 17.5 years in prison after his involvement in a PPP loan fraud scheme.
https://www.bet.com/celebrities/news/2021/09/16/love-and-hip-hop-star-17-years-prison-fraud-case.html
not scamming to perpetrate for love & hip hop. do u even get street cred for doing time over a fraud mess?
:dead:
edit: 17 years too much tho
:19k:
Good.
There are legitimate small Black businesses out there that may be impacted by this if they decide to tighten up the process in getting these loans.
Unbelievable that people are doing dumb shit like this . Not to survive , but to floss . It's not that serious
QuoteTMZ reports that legal documents reveal Fayne received the sentence after pleading guilty to six counts, including bank and wire fraud.
Prosecutors alleged Fayne enjoyed a lavish lifestyle during the pandemic by taking money from the Paycheck Protection Program. The funds from the program were intended to help employees and small businesses hit hard by COVID.
Fayne had cut a plea deal with prosecutors, who agreed to drop 14 other charges and recommended he get the 151-month sentence instead.
According to TMZ, the Department of Justice says Fayne submitted a $3.7 million PPP load application falsely claiming his trucking business had 107 employees and an average monthly payroll of $1,490,200.
Instead of using the PPP loan funds to retain workers and maintain payroll, he used it for improper purposes, including past-due child support, jewelry, a Rolls Royce and to start a new business in Arkansas.
In addition to prison time, Fayne will be required to undergo five years of supervised release and pay back $4,465,865.55 in restitution.
xxxxccx this fag was BOLD and DUMB. the worst combo. yall really thought the gov was just gon habd out millions like candy and never look back :dead:
but waynent... now thats its marinating...
17 years ?!?? he aint kill nobody and he gotta pay the money back
:udontlookok:
Quote from: daydreamin' on September 16, 2021, 11:35:32 AM
Good.
There are legitimate small Black businesses out there that may be impacted by this if they decide to tighten up the process in getting these loans.
Unbelievable that people are doing dumb shit like this . Not to survive , but to floss . It's not that serious
Is it really unbelievable?
We are now living in a world where everyone wants an easy flex. I'm not surprised at all!
Quote from: ophliyah on September 16, 2021, 11:41:08 AM
but waynent... now thats its marinating...
17 years ?!?? he aint kill nobody and he gotta pay the money back
:udontlookok:
IMO they're making an example out of him which is not surprising since this seems to be a trend
Fraud usually isn't something that's taken lightly , especially if ur fucking with the government and their coins .
Yeah it's all kiis and giggles and seems harmless but it's actually kinda serious . Ur basically lying to the government to get money from them - money that is reserved for small businesses that are actually in need .
It's sad that he's paying a hefty price and is being crucified but unfortunately I think that's what it's gonna take for people to realize this isn't a game . And to stop this ridiculousness.
And to basically realize that it's not worth it .
Stupidity. Scamming the government NEVER ends well. The feds will always catch up to you.
This retard
And black people have always had a tough time getting loans for our businesses
There's now opportunity out there with loans that are specially made for our businesses and we have people playing games :uhh:
That's what is most concerning to me . Forget how this affects the government . I can just see them starting to side-eye every application that comes thru now and making things harder for people to get what they need
I kept seeing mess about this "PPP" thing and once I finally found out what it was about I was heated .
Make examples of them
a white man wouldn't get this much time
:unbothered:
He's 38
His life is over
Quote from: ophliyah on September 16, 2021, 12:17:26 PM
a white man wouldn't get this much time
:unbothered:
he scammed the government out of nearly 4 million dollars luv
This wasn't gonna end well for him . We can put the BLM card down for this one
Quotehe used it for improper purposes, including past-due child support, jewelry, a Rolls Royce and to start a new business in Arkansas.
Ddddff
Quote from: 𝖘𝖖𝖚𝖎𝖉 on September 16, 2021, 12:33:01 PM
Quotehe used it for improper purposes, including past-due child support, jewelry, a Rolls Royce and to start a new business in Arkansas.
Ddddff
Wow!
:hmph:
Quote from: 𝖘𝖖𝖚𝖎𝖉 on September 16, 2021, 12:33:01 PM
Quotehe used it for improper purposes, including past-due child support and to start a new business in Arkansas.
I don't see the problem.
:trannyjblige:
Quote from: daydreamin' on September 16, 2021, 12:25:27 PM
Quote from: ophliyah on September 16, 2021, 12:17:26 PM
a white man wouldn't get this much time
:unbothered:
he scammed the government out of nearly 4 million dollars luv
This wasn't gonna end well for him . We can put the BLM card down for this one
and he deserves to b punished, yes. that has nothing to do with what i said tho. a white man would not have gotten this much time. 17 years is too damn much.
:uhh:
The way y'all defend these DaBaby types is hilarious
If u think 17 years is too harsh for someone committing millions of dollars worth of fraud ... I dunno what to say
Unless u have specific statistics to back up this claim about what white people get for the exact same crime with the same amount of money , This point that ur randomly throwing out there is pretty irrelevant
It's common knowledge that fraud is always a huge offense especially involving the government and especially when it's involving millions of dollars
I dunno what rock you've been under but clearly CNN wasn't under there with u
Quote from: 𝖘𝖖𝖚𝖎𝖉 on September 16, 2021, 12:33:01 PM
Quotehe used it for improper purposes, including past-due child support, jewelry, a Rolls Royce and to start a new business in Arkansas.
Ddddff
ajd;ndfjkn;dfjksn;fdjk
not him paying child support with stolen government money
this is ver' ghetto
Quote from: daydreamin' on September 16, 2021, 01:08:24 PM
If u think 17 years is too harsh for someone committing millions of dollars worth of fraud ... I dunno what to say
if u think someone should be caged up for nearly 20 years over a NON-violent offense (as in not a danger to the public)... I dunno what to say either bby
I guess because he is on tv they want to make an example out of him? That's a long sentence
Quote from: Annie on September 16, 2021, 01:26:31 PM
I guess because he is on tv they want to make an example out of him? That's a long sentence
!!!!
like... who DIED :uhh:
Quote from: ophliyah on September 16, 2021, 01:24:30 PM
Quote from: daydreamin' on September 16, 2021, 01:08:24 PM
If u think 17 years is too harsh for someone committing millions of dollars worth of fraud ... I dunno what to say
if u think someone should be caged up for nearly 20 years over a NON-violent offense (as in not a danger to the public)... I dunno what to say either bby
there's more than one way to cause damage and there's more than one form of violence
What if these actions he took makes it harder for black people who really are struggling to get these loans to keep their businesses afloat ?
Economic standing has been a huge challenge for us for the longest time and we have ppl out here playing games with things that are set up to help us
The fuck? That in itself is violent
Stop thinking small and look at the bigger picture .
This nonsense needs to stop and examples need to be made
You're so focused on white people and comparing mess that ur not even giving thought to how this could affect our community
17 years is a bit MUCH. I can see 5 or 10 years but SEVENTEEN? You have rapists and killers who get less time than that :damselindistress:
17 years seems a bit excessive for a non-violent crime....
:disgusted:
Quote from: daydreamin' on September 16, 2021, 01:31:04 PM
Quote from: ophliyah on September 16, 2021, 01:24:30 PM
Quote from: daydreamin' on September 16, 2021, 01:08:24 PM
If u think 17 years is too harsh for someone committing millions of dollars worth of fraud ... I dunno what to say
if u think someone should be caged up for nearly 20 years over a NON-violent offense (as in not a danger to the public)... I dunno what to say either bby
there's more than one way to cause damage and there's more than one form of violence
its very simple. the time does NOT fit the crime here. HE is not directly responsible for physicslly harming anyone. never said he shouldn't be punished. but again, THIS amount of time is overkill. plain & simple.
Quote from: admc on September 16, 2021, 01:37:43 PM
17 years is a bit MUCH. I can see 5 or 10 years but SEVENTEEN? You have rapists and killers who get less time than that :damselindistress:
Quote from: Gilgamesh. on September 16, 2021, 01:37:53 PM
17 years seems a bit excessive for a non-violent crime....
LIKE :uhh:
It's either he gets made an example of or you have a million black folks walking around thinking "well if I get caught the max id get is a couple years hehe "
Cuz that's the reality. Pick one
Quote from: daydreamin' on September 16, 2021, 01:34:48 PM
You're so focused on white people and comparing mess that ur not even giving thought to how this could affect our community
incorrect. i'm acknowledging how this could affect our community by saying he deserves punishment. in addition to that, i'm acknowledging that he is ALSO a part of our community and oversentencing is an issue that does and has plagued our community since forever. it's not right what he did and it's not right what they're doing. the two things can be true at the same time.
Not a rolls Royce :plzstop:
Quote from: daydreamin' on September 16, 2021, 01:40:25 PM
It's either he gets made an example of or you have a million black folks walking around thinking "well if I get caught the max id get is a couple years hehe "
Cuz that's the reality. Pick one
so you're basically saying black people in general are gonna scam if they aren't scared out of doing it ?
candice FROwens move
Quote from: ophliyah on September 16, 2021, 01:46:08 PM
Quote from: daydreamin' on September 16, 2021, 01:40:25 PM
It's either he gets made an example of or you have a million black folks walking around thinking "well if I get caught the max id get is a couple years hehe "
Cuz that's the reality. Pick one
so you're basically saying black people in general are gonna scam if they aren't scared out of doing it ?
candice FROwens move
when did I say in general
I thought 17 years was too much as well, but isn't it a federal level crime?
I'm black and I'm not somewhere trying to fraud the government out of millions of dollars . Like MOST Black people aren't and most decent human beings in general
Quote from: daydreamin' on September 16, 2021, 01:47:12 PM
Quote from: ophliyah on September 16, 2021, 01:46:08 PM
Quote from: daydreamin' on September 16, 2021, 01:40:25 PM
It's either he gets made an example of or you have a million black folks walking around thinking "well if I get caught the max id get is a couple years hehe "
Cuz that's the reality. Pick one
so you're basically saying black people in general are gonna scam if they aren't scared out of doing it ?
candice FROwens move
when did I say in general
I SAID u said in general cuz thats how i took
what u gon do bout it
:nowgorl:
Quote from: FxckDemCrackers on September 16, 2021, 01:47:23 PM
I thought 17 years was too much as well, but isn't it a federal level crime?
like omg.
This is not unheard of . Oph is in here acting like they're throwing him in jail for stealing a pack of gum
It's a federal level offense with millions of dollars involved . Does he not watch the news?
Maybe this is the problem. The guy in the OP doesn't have CNN.
Quote from: daydreamin' on September 16, 2021, 01:48:14 PM
I'm black and I'm not somewhere trying to fraud the government out of millions of dollars . Like MOST Black people aren't and most decent human beings in general
exactly
so no need to "make an example"
punish him appropriately and keep it poppin
Quote from: daydreamin' on September 16, 2021, 01:50:30 PM
Quote from: FxckDemCrackers on September 16, 2021, 01:47:23 PM
I thought 17 years was too much as well, but isn't it a federal level crime?
like omg.
Akaksmsmsmsmsmdmdmdmmddmmdmdmdfdndndmf
F
T
F
F
Quote from: ophliyah on September 16, 2021, 01:51:03 PM
Quote from: daydreamin' on September 16, 2021, 01:48:14 PM
I'm black and I'm not somewhere trying to fraud the government out of millions of dollars . Like MOST Black people aren't and most decent human beings in general
exactly
so no need to "make an example"
punish him appropriately and keep it poppin
but this PPP thing is an actual trend luv. Are you not familiar with this? :uhh:
Quote from: daydreamin' on September 16, 2021, 01:50:30 PM
Quote from: FxckDemCrackers on September 16, 2021, 01:47:23 PM
I thought 17 years was too much as well, but isn't it a federal level crime?
like omg.
This is not unheard of . Oph is in here acting like they're throwing him in jail for stealing a pack of gum
It's a federal level offense with millions of dollars involved . Does he not watch the news?
Maybe this is the problem. The guy in the OP doesn't have CNN.
so i'm the ONLY in here saying 17 years is too much?
boy go slip on a banana peel
Quote from: daydreamin' on September 16, 2021, 01:51:52 PM
Quote from: ophliyah on September 16, 2021, 01:51:03 PM
Quote from: daydreamin' on September 16, 2021, 01:48:14 PM
I'm black and I'm not somewhere trying to fraud the government out of millions of dollars . Like MOST Black people aren't and most decent human beings in general
exactly
so no need to "make an example"
punish him appropriately and keep it poppin
but this PPP thing is an actual trend luv. Are you not familiar with this? :uhh:
wait. so i just agreed with your point, and u hit me wit a
but!damn do u even agree wit yourself ? :uhh:
not unheard of !
cops killing unarmed black people isn't unheard of either. does that make it RIGHT ? :uhh:
And I think they're making an example out of him because they know they'll never recoup the millions lost the fraud PPP since the pandemic began.
A severe punishment used as a deterrent for other thinking they could also get away with it.
That money could've been used in so many ways since people have lost their livelihoods and businesses due to Covid and here he is using it to flex in a damn rolls Royce :dead:
It's damaging to the actual businesses that actually needed the money but didn't get it.
And I think it's also the fact he used government money to pay off his late child support payments
talk about adding insult to injury :plzstop:
CHARGES RESULTING FROM PPP LOAN FRAUD
BANK FRAUD
Bank fraud occurs when a suspect uses deceit to obtain money or property from a lending institution – i.e., a bank. It is charged under 18 U.S.C. § 1344. A conviction is punishable by up to 30 years in federal prison and a fine of up to $1,000,000, and full repayment of any lost money.
WIRE FRAUD
Wire fraud is charged under 18 U.S.C. § 1343, and it occurs when a suspect electronically transmits something to facilitate a fraudulent scheme. It has a maximum punishment of 30 years in federal prison and a fine of up to $1,000,000.
FALSE STATEMENT
Providing a false statement to a lending institution is a federal crime charged under 18 U.S.C. § 1014. A false statement is ordinarily provided in the application process or by submitting false financial information to obtain the loan. It is punishable by up to 30 years in federal prison and a fine of up to $1,000,000.
PENALTIES RESULTING FROM PPP LOAN FRAUD
There is no specific charge of PPP loan fraud. Instead, PPP loan fraud is a theory of how the defendant committed the offense but carries it out through the wire, providing a false statement or lying to the lender by other means.
STATUTORY PUNISHMENT
Generally, the statutory punishment for PPP loan fraud is:
Up to 30 years in federal prison
Fine of up to $1 million
SENTENCING GUIDELINES
The U.S. Sentencing Guidelines determine the appropriate prison sentence based on many factors:
The actual loss amount
Number of victims
The planning and sophistication of the offense
Your prior criminal record
30 years?
He's lucky.
Quote from: ophliyah on September 16, 2021, 12:17:26 PM
a white man wouldn't get this much time
:unbothered:
:trannyjblige:
Quote from: FxckDemCrackers on September 16, 2021, 01:57:17 PM
And I think they're making an example out of him because they know they'll never recoup the millions lost the fraud PPP since the pandemic began.
A severe punishment used as a deterrent for other thinking they could also get away with it.
That money could've been used in so many ways since people have lost their livelihoods and businesses due to Covid and here he is using it to flex in a damn rolls Royce :dead:
It's damaging to the actual businesses that actually needed the money but didn't get it.
And I think it's also the fact he used government money to pay off his late child support payments
talk about adding insult to injury :plzstop:
exactly.
This has to be done . U play stupid games u win stupid prizes .
I'm sure everyone here works hard for their own keep. If u choose to live a life of fraud playing around with the government just be advised that they play rough.
It's that simple .
Quote from: FxckDemCrackers on September 16, 2021, 01:59:00 PM
30 years?
He's lucky.
hdnfdbdb
the article clearly says they cut a deal with him and didn't go ALL the way in .
Not some of y'all legit sitting on here thinking that it's not a huge deal to fraud the feds out of millions
Consider this a notice in case the idea to do so ever crosses ur mind .
Quote from: Martin Green on September 16, 2021, 01:58:03 PM
CHARGES RESULTING FROM PPP LOAN FRAUD
BANK FRAUD
Bank fraud occurs when a suspect uses deceit to obtain money or property from a lending institution – i.e., a bank. It is charged under 18 U.S.C. § 1344. A conviction is punishable by up to 30 years in federal prison and a fine of up to $1,000,000, and full repayment of any lost money.
WIRE FRAUD
Wire fraud is charged under 18 U.S.C. § 1343, and it occurs when a suspect electronically transmits something to facilitate a fraudulent scheme. It has a maximum punishment of 30 years in federal prison and a fine of up to $1,000,000.
FALSE STATEMENT
Providing a false statement to a lending institution is a federal crime charged under 18 U.S.C. § 1014. A false statement is ordinarily provided in the application process or by submitting false financial information to obtain the loan. It is punishable by up to 30 years in federal prison and a fine of up to $1,000,000.
PENALTIES RESULTING FROM PPP LOAN FRAUD
There is no specific charge of PPP loan fraud. Instead, PPP loan fraud is a theory of how the defendant committed the offense but carries it out through the wire, providing a false statement or lying to the lender by other means.
STATUTORY PUNISHMENT
Generally, the statutory punishment for PPP loan fraud is:
Up to 30 years in federal prison
Fine of up to $1 million
SENTENCING GUIDELINES
The U.S. Sentencing Guidelines determine the appropriate prison sentence based on many factors:
The actual loss amount
Number of victims
The planning and sophistication of the offense
Your prior criminal record
im sorry but I live for u
Thank u for posting some facts
Quote from: daydreamin' on September 16, 2021, 02:13:54 PM
Quote from: Martin Green on September 16, 2021, 01:58:03 PM
CHARGES RESULTING FROM PPP LOAN FRAUD
BANK FRAUD
Bank fraud occurs when a suspect uses deceit to obtain money or property from a lending institution – i.e., a bank. It is charged under 18 U.S.C. § 1344. A conviction is punishable by up to 30 years in federal prison and a fine of up to $1,000,000, and full repayment of any lost money.
WIRE FRAUD
Wire fraud is charged under 18 U.S.C. § 1343, and it occurs when a suspect electronically transmits something to facilitate a fraudulent scheme. It has a maximum punishment of 30 years in federal prison and a fine of up to $1,000,000.
FALSE STATEMENT
Providing a false statement to a lending institution is a federal crime charged under 18 U.S.C. § 1014. A false statement is ordinarily provided in the application process or by submitting false financial information to obtain the loan. It is punishable by up to 30 years in federal prison and a fine of up to $1,000,000.
PENALTIES RESULTING FROM PPP LOAN FRAUD
There is no specific charge of PPP loan fraud. Instead, PPP loan fraud is a theory of how the defendant committed the offense but carries it out through the wire, providing a false statement or lying to the lender by other means.
STATUTORY PUNISHMENT
Generally, the statutory punishment for PPP loan fraud is:
Up to 30 years in federal prison
Fine of up to $1 million
SENTENCING GUIDELINES
The U.S. Sentencing Guidelines determine the appropriate prison sentence based on many factors:
The actual loss amount
Number of victims
The planning and sophistication of the offense
Your prior criminal record
im sorry but I live for u
Thank u for posting some facts
:supluv:
It's not like they randomly came up with 17 years. There was definitely some calculation behind this. He scammed the government for several million. :dead: That's a lot of fucking money. And considering 30 years is the maximum penalty, he got lucky. 🍀
Quote from: FxckDemCrackers on September 16, 2021, 01:47:23 PM
I thought 17 years was too much as well, but isn't it a federal level crime?
Federal schmederal.
Quote from: FxckDemCrackers on September 16, 2021, 01:57:17 PM
And I think they're making an example out of him because they know they'll never recoup the millions lost the fraud PPP since the pandemic began.
A severe punishment used as a deterrent for other thinking they could also get away with it.
Bingo
Look at the reactions in this thread
Quote from: ton on September 16, 2021, 02:41:40 PM
Quote from: FxckDemCrackers on September 16, 2021, 01:57:17 PM
And I think they're making an example out of him because they know they'll never recoup the millions lost the fraud PPP since the pandemic began.
A severe punishment used as a deterrent for other thinking they could also get away with it.
Bingo
Look at the reactions in this thread
ncnfnccncncc
Def sounds like some of the gorls took out a PPP loans and trying to justify it.
Guys I made some spring rolls, who wan some?
Quote from: YTManzWhore on September 16, 2021, 02:46:41 PM
Guys I made some spring rolls, who wan some?
You tried to poison me last time but I'll take 2 pls! 🤗
Not MILLIONS...
ch
Quote from: ton on September 16, 2021, 02:41:40 PM
Quote from: FxckDemCrackers on September 16, 2021, 01:57:17 PM
And I think they're making an example out of him because they know they'll never recoup the millions lost the fraud PPP since the pandemic began.
A severe punishment used as a deterrent for other thinking they could also get away with it.
Bingo
Look at the reactions in this thread
that's a good point
They didn't even give him the full 30 years, he could've gotten... sliced the maximum sentence nearly in half out of mercy and the girls were in here like :-o :-o :-o :-o and "it's cuz he's bah-lack!"
People are clearly unaware of how serious this shit is. Honestly the reactions in here only support the idea that someone needs to be made an example of .
Now the girls here who didn't know .... Know :cheerup:
Quote from: daydreamin' on September 16, 2021, 12:14:45 PM
And black people have always had a tough time getting loans for our businesses
There's now opportunity out there with loans that are specially made for our businesses and we have people playing games :uhh:
That's what is most concerning to me . Forget how this affects the government . I can just see them starting to side-eye every application that comes thru now and making things harder for people to get what they need
I kept seeing mess about this "PPP" thing and once I finally found out what it was about I was heated .
Make examples of them
Z
Y'all know the US is "tough on crime country" lol but he committed almost 20 felonies crimes so each added years and he actually got a reduced sentence because they dropped over 10 charges and he plead guilty to like 6. It's a white man in Florida who got like a 20+ ppp loan and brought houses, yachts, etc so let's see how that case plays out.
Quote from: 'ology on September 16, 2021, 03:35:44 PM
Y'all know the US is "tough on crime country" lol but he committed almost 20 felonies crimes so each added years and he actually got a reduced sentence because they dropped over 10 charges and he plead guilty to like 6. It's a white man in Florida who got like a 20+ Million ppp loan and brought houses, yachts, etc so let's see how that case plays out.
y r u quoting urself
Quote from: 𝖘𝖖𝖚𝖎𝖉 on September 16, 2021, 12:33:01 PM
Quotehe used it for improper purposes, including past-due child support, jewelry, a Rolls Royce and to start a new business in Arkansas.
Ddddff
:dead:
Mess. 17 years is a lot but i doubt he'll have to serve all of it. Well deserved tho if he aint taking care of them kids either
Fuck him
Quote from: Somebody's RIG on September 16, 2021, 04:02:57 PM
Quote from: 𝖘𝖖𝖚𝖎𝖉 on September 16, 2021, 12:33:01 PM
Quotehe used it for improper purposes, including past-due child support, jewelry, a Rolls Royce and to start a new business in Arkansas.
Ddddff
:dead:
Mess. 17 years is a lot but i doubt he'll have to serve all of it. Well deserved tho if he aint taking care of them kids either
Fuck him
thimddndnndndb
this ain't no damns black person
this is a certified nigger
I ain't claiming him 🙅🏾♀️