The feds are not playing with these folks who made up fake businesses to get quick money from the PPP loans and EIDL.
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Rapper Mo Fayne just got sentenced to almost 18 years in prison for a COVID scheme where he claimed he claimed he had 107 employees and a payroll of 1.5 million a month. He applied for 3.7 Million and got it.
At that point, he paid 40k in past-due child support, bought a Rolls Royce and spend 907k to start a new business in Arkansas.
In addition to jail time, he’s been order to pay back 4.5 million