Maurice Fayne, who starred in the reality TV series “Love & Hip Hop: Atlanta” and owned Flame Trucking, was sentenced to more than 17 years in federal prison for conspiracy, wire fraud and bank fraud.
Fayne, who also goes by ‘Arkansas Mo,’ was convicted of running a multistate Ponzi scheme that defrauded people who invested in his trucking business. He had promised to use investors’ money to operate the business, but instead, he used the money to pay his personal debts and expenses, including spending more than $5 million at a casino in Oklahoma.
In April 2020, Fayne submitted a $3.7 million PPP loan application to a bank, falsely claiming his trucking business had 107 employees with an average monthly payroll of nearly $1.5 million. Instead of using the loan proceeds to maintain payroll or make mortgage payments, lease payments and utility payments related to his trucking business, as he promised, Fayne instead used the money to pay child support and restitution owed in a previous fraud case, buy custom-made jewelry, lease a Rolls-Royce, pay associates who helped him in the Ponzi scheme and start a new business in Arkansas.
