This season’s Love and Hip-Hop Atlanta was cut short because of the coronavirus, but not before we got the tea on our favorites.
One of the show’s favorites, Karlie Redd, was married over the past year to Maurice “Mo” Fayne after last season, but by the start of the new season, she had thrown a funeral to announce not only her marriage but her getting a divorce.
Now her ex finds himself in deep water with the feds as Fayne faces bank fraud charges resulting in his arrest. According to the Washington Post, prosecutors alleged Fayne spent $85,000 on jewelry, $40,000 on child support, and purchased a 2019 Rolls-Royce Wraith luxury coupe, which costs upwards of $320,000.
The Post also reported that he received a $2 million small business loan, which was supposed to go to his trucking business, Flame Trucking.
“The defendant allegedly took advantage of the emergency lending provisions of the Paycheck Protection Program that were intended to assist employees and small businesses battered by the coronavirus,” said U.S. Attorney Byung J. “BJay” Pak, according to The Post. “We will investigate and charge anyone who inappropriately diverts these critical funds for their own personal gain.”
Fayne’s lawyer, Tanya Miller, spoke out saying that this trial won’t be played out in the media and that the government needed to clear up with business owners about how the money was supposed to be spent.
But according to the law, this money was not meant to be spent on expensive things. Congress allocated the funds to help small business owners make it through this crisis. Fayne didn’t get the memo.