Rapper Mo Fayne Pleads Guilty For Scamming $2 Million in PPP Loan to Buy 8 Trucks

These guys are idiots.

You didn’t think the feds would notice you bought EIGHT TRUCKS?

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 to forfeit nearly $100k from several bank accounts as well as 8 of his 2015 Kenworth T680 trucks. Yes, he bought EIGHT trucks!!!

In exchange for his plea, the feds dropped 14 other charges and agreed to recommend Fayne get a 151-month prison sentence — about 12.5 years — and that’s prosecutors going easy on him! Before the deal, he was staring down a possible max of 30 years.

I hope it was worth it.

Flip the page for more of Mo Fayne’s scam.

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