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Scammers are going to scam, allegedly. Rapper and Love & Hip Hop: Atlanta star Maurice “Mo” Fayne has pleaded guilty to PPP loan fraud, and is looking at over a decade behind bars.
Many people have been caught up in Payroll Protection Programs schemes where they were given funds intended to keep business afloat during the pandemic, but used the money for personal items like expensive foreign cars or luxury clothing. Apparently, the temptation was too much for Mo Fayne to resist.
The “Love & Hip Hop: Atlanta” star pled guilty to 6 counts of federal bank fraud after prosecutors say he funded a lavish lifestyle during the pandemic with a Paycheck Protection Program loan. Y’know … the ones intended to help employees and small businesses hit hard by COVID.
In docs, obtained by TMZ, Fayne was ordered…