Reality TV star and rapper Maurice “Mo” Fayne has been sentenced to 17½ years in prison for multiple charges including bank fraud and conspiracy for the misuse of Paycheck Protection Program (Ppp) loans and wire fraud relating to the multimillion dollar Ponzi scheme, said the U.S. Attorney’s Office in the Northern District of Georgia Wednesday.
Fayne, a star on VH1’s “Love & Hip Hop Atlanta,” submitted a $3.7 million Ppp loan application to United Community Bank in April 2020. The loans were meant to help businesses struggling during the pandemic. Fayne claimed that his trucking business had “107 employees and an average payroll of $1,490,200” and said that he would use the loan to “retain workers and maintain payroll or make mortgage interest payments, lease payments, and utility payments related to his trucking business,” the U.S. Attorney’s Office said.
However, he ended up using the loan for “improper purposes,” including paying overdue child support,...
Fayne, a star on VH1’s “Love & Hip Hop Atlanta,” submitted a $3.7 million Ppp loan application to United Community Bank in April 2020. The loans were meant to help businesses struggling during the pandemic. Fayne claimed that his trucking business had “107 employees and an average payroll of $1,490,200” and said that he would use the loan to “retain workers and maintain payroll or make mortgage interest payments, lease payments, and utility payments related to his trucking business,” the U.S. Attorney’s Office said.
However, he ended up using the loan for “improper purposes,” including paying overdue child support,...
- 9/17/2021
- by Aarohi Sheth
- The Wrap
Washington, June 12 (Ians) The US Department of Justice has filed charges against Indian-origin Vikas Singla, a former cybersecurity official, for a cyber-attack on a hospital in the state of Georgia in 2018.
According to the indictment, Singla, 45, the chief operating officer of a metro-Atlanta network security company Securolytics that served the health care industry, allegedly conducted a cyberattack on Gwinnett Medical Center that involved disrupting phone service, obtaining information from a digitising device, and disrupting network printer service.
Singla is charged with 17 counts of intentional damage to a protected computer, each of which carries a maximum penalty of 10 years' imprisonment, and one count of obtaining information by computer from a protected computer, which carries a maximum penalty of five years' imprisonment.
The indictment further alleges that the cyberattack was conducted, in part, for financial gain, the Justice Department said in a statement.
"Cyberattacks that target important infrastructure, like health care, pose...
According to the indictment, Singla, 45, the chief operating officer of a metro-Atlanta network security company Securolytics that served the health care industry, allegedly conducted a cyberattack on Gwinnett Medical Center that involved disrupting phone service, obtaining information from a digitising device, and disrupting network printer service.
Singla is charged with 17 counts of intentional damage to a protected computer, each of which carries a maximum penalty of 10 years' imprisonment, and one count of obtaining information by computer from a protected computer, which carries a maximum penalty of five years' imprisonment.
The indictment further alleges that the cyberattack was conducted, in part, for financial gain, the Justice Department said in a statement.
"Cyberattacks that target important infrastructure, like health care, pose...
- 6/12/2021
- by Glamsham Bureau
- GlamSham
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.