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[klappa.]

Rapper 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?



edit: 17 years too much tho

[The Only BLACK Kalmyks]

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

[klappa.]

TMZ 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

[klappa.]

but waynent... now thats its marinating...

17 years ?!?? he aint kill nobody and he gotta pay the money back

[BRockaBaby]

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!

[The Only BLACK Kalmyks]

but waynent... now thats its marinating...

17 years ?!?? he aint kill nobody and he gotta pay the money back

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 .

[bby ddy]

Stupidity. Scamming the government NEVER ends well. The feds will always catch up to you. 

[GRAND ETERNAL SUPREME]

This retard

[The Only BLACK Kalmyks]

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 

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

[klappa.]

a white man wouldn't get this much time

[GRAND ETERNAL SUPREME]

He's 38

His life is over 

[The Only BLACK Kalmyks]

a white man wouldn't get this much time

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

[𝖘𝖖𝖚𝖎𝖉]

he used it for improper purposes, including past-due child support, jewelry, a Rolls Royce and to start a new business in Arkansas.

Ddddff

[Martin Green]

he used it for improper purposes, including past-due child support, jewelry, a Rolls Royce and to start a new business in Arkansas.

Ddddff

Wow!

[Barbie Dangerous]

he used it for improper purposes, including past-due child support and to start a new business in Arkansas.

I don't see the problem.