Mo Fayne Biography – Mo Fayne Wiki
Maurice “Mo” Fayne (aka Arkansas Mo) is a reality TV star and rapper. He appeared on season 8 of VH1’s Love & Hip Hop: Atlanta as the love interest of longtime cast member Karlie Redd. Fayne is the sole owner of Flame Trucking in Georgia.
Mo Fayne Sentenced
On Wednesday, September 15, 2021, “Love & Hip Hop: Atlanta” star Maurice Fayne was sentenced to more than 17 years in federal prison for conspiracy and wire fraud related to a Ponzi scheme, and for bank fraud, and making false statements to a financial institution related a fraudulent Paycheck Protection Program (PPP) loan application.
According to Acting U.S. Attorney Kurt R. Erskine, the charges, and other information presented in court: From March 2013 through May 2020, Fayne ran a multistate Ponzi scheme that defrauded more than 20 people who invested in his trucking business. Fayne promised that he would use the investors’ money to operate the business. Instead, he used the money to pay his personal debts and expenses and to fund an extravagant lifestyle for himself. During the scheme, Fayne spent more than $5 million at a casino in Oklahoma.
In April 2020, Fayne submitted a $3.7 million PPP loan application to United Community Bank, falsely claiming that his trucking business had 107 employees and an average monthly payroll of $1,490,200. Fayne promised to use the PPP loan proceeds to retain workers and maintain payroll or make mortgage interest payments, lease payments, and utility payments related to his trucking business. Instead, Fayne used the PPP loan proceeds for improper purposes, including the following: $40,000 for past-due child support; $50,000 for restitution owed in a previous fraud case; $65,000 in cash withdrawals; $85,000 for custom-made jewelry; $136,000 to lease a Rolls-Royce; $230,000 to associates who helped him run a Ponzi scheme; and $907,000 to start a new business in Arkansas.
Maurice Fayne, also known as Arkansas Mo, 38, of Dacula, Georgia, was sentenced by U.S. District Judge Mark H. Cohen to 17 years, six months in prison to be followed by five years of supervised release and ordered to pay restitution in the amount of $4,465,865.55 to the victims. Fayne was convicted on these charges on May 11, 2021, after he pleaded guilty.
Mo Fayne Wife
Is Mo Fayne married? Love and Hip Hop: Atlanta cast member Maurice “Arkansas Mo” Fayne briefly appeared on the reality series as the love interest of Karlie Redd, whom he had secretly married. Despite rumors questioning if the couple ever actually wed, Maurice “Mo” Fayne and Karlie Redd divorced in June 2020 according to Hot New Hip Hop. According to The Shade Room, the pair came to an amicable agreement in their split. “No one will receive alimony and he will turn over a BMW to his ex-wife,” it was reported at the time. “There was no property, debts or children from the marriage,” the settlement reportedly said. Maurice “Mo” Fayne had a fling with Summer Bunni, according to Love & Hip Hop Wiki.
Mo Fayne’s ex-wife, Karlie Redd, is an American television personality, rapper, model and actress. She is best known for appearing as a main cast member of VH1’s reality show Love & Hip Hop: Atlanta since its premiere in June 2012. She was born on April 15, 1974, in New York City to a Trinidadian mother and African-American father. She has a daughter named Jasmine Ellis, who was born in 1996, with her ex-boyfriend, Rodney Ellis.
Mo Fayne Age
He is 38 years old. On March 24, 2019, Mo shared a picture of himself on Instagram writing: “Lost in the Hills!! Happy 36 to me. #LA #36 #birthday”
Mo Fayne Net Worth
Mo Fayne’s net worth is estimated to be $1 million.
Mo Fayne Instagram
Mo Fayne’s Instagram is @arkansas_mo.