Maurice Fayne, who starred in the reality TV series “Love & Hip Hop: Atlanta” and owned Flame Trucking, has been 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 to a fraudulent Paycheck Protection Program loan application.
According to Acting U.S. Attorney Kurt R. Erskine, 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, but 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.
