The feds are not playing with these folks who made up fake businesses to get quick money from the PPP loans and EIDL.
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