Fayne, 37, applied for a federal loan to support his transportation business Flame Trucking during the coronavirus pandemic, stating in the application that the company had 107 employees with an average payroll of $1.49 million.
Maurice Fayne, who stars in "Love & Hip Hop: Atlanta", appeared before U.S. Magistrate Judge Justin S. Anand Wednesday, the Justice Department announced.
Asking for $3,725,500, he formally certified that the loan proceeds would be used to "retain workers and maintain payroll or make mortgage interest payments, lease payments, and utility payments, as specified under the Paycheck Protection Program Rule", records show.
Within days, Fayne bought himself a Rolex Presidential watch, a diamond bracelet and the fat diamond ring, while paying $40,000 in child support, Assistant Attorney General Brian A. Benczkowski said in a statement.
A 2019 Rolls-Royce Wraith watch at the residence still had a temporary dealer tag on it. Fayne applied for a small business loan through the PPP program for his business "Flame Trucking", saying he had more than 100 employees with a payroll of almost $1.5 million a month. But on Monday, federal agents searched Fayne's home and seized the jewelry and around $80,000 in cash, including $9,400 Fayne had in his pockets, the release said.
The small-business loan program, known as the Paycheck Protection Program (PPP), is part of an unprecedented $2.2 trillion coronavirus economic package meant to reimburse businesses and households for lost income due to shutdowns and stay-at-home orders.
PPP loans were part of the CARES Act, a federal law created to provide emergency financial assistance to the millions of Americans suffering the economic fallout from the COVID-19 pandemic. They seized $503,000 in the funds from his bank accounts.
"The defendant allegedly stole money meant to assist hard-hit employees and businesses during these hard times, and instead greedily used the money to bankroll his lavish purchases of jewelry and other personal items", said assistant attorney general Brian A. Benczkowski in a statement.
La PS2 reste toutefois la console la plus vendue à ce jour, avec son total de 155 millions de machines vendues dans le monde. Il n'y a donc rien d'étonnant à la communication plutôt discrète (voire carrément inexistante) autour de la PS5.
Oxford University was testing several versions of the home antibody tests, which look like pregnancy tests, at the time. UK's Department of Health and Social Care was not immediately available for a Reuters request for comment.
Une terrible expérience mais nous allons bien maintenant. "J'apprécie votre soutien", a livré Dele Alli à ses fans sur Twitter. Peu après les faits, quand les journaux ont dévoilé l'affaire , le joueur a pris la parole sur les réseaux sociaux.
Le smartphone devrait être un modèle haut de gamme attendu à un million de wons coréens, soit autour de 750 euros HT. Le premier écran serait destiné à l'affichage là où le second permettrait à l'utilisateur de se servir du clavier.
Uber explains that they're rolling out a "Go Online Checklist" which will ensure that drivers take necessary safety precautions. Both drivers and passengers will be able to cancel rides without penalty if either party isn't wearing a mask.
NSW Waratahs acknowledged Beale's "valued" contribution to the franchise in confirming his departure on Tuesday afternoon [AEST]. Jones ultimately returned to Australia for a tilt at the 2019 Rugby World Cup but just missed out on the final squad.
Restrictions on the property market and construction sector, created to combat the spread of coronavirus, are being relaxed. It should also provide the supply chain with the confidence it needs to accelerate its own restart".
Starke County Now Up to 24 COVID-19 Cases
Officials say the patient is now in self-isolation at home and anyone who may have been exposed has been notified. Over the last seven days, an average of more than 900 people were tested for the virus in Monroe County.
Procès contre The Sun : Johnny Depp soutenu par Vanessa Paradis
Elle a indiqué qu'elle ne comprenait pas les accusations portées par Amber Heard et qu'il n'avait jamais été violent avec elle. Johnny Depp a lancé une autre procédure en diffamation contre son ex-femme Amber Heard, qui se déroule elle aux États-Unis.
Former Real Madrid forward Congo arrested in cocaine bust
He made 17 appearances for Colombia , scoring three times, and featured in the 1999 and 2004 Copa America tournaments. The police told me I should stay away from people who aren't good for me, that I need to do things a different way.
Covid 19: Overseas travel won't return until 2023, experts warn
He said reopening domestic travel markets would be the first step to recovering the industry, then opening up markets by regions. However, he added that by the end of this year, air traffic should be "between 50 to 55 per cent" of where it was in 2019.
Spurs star Alli burgled at knifepoint
The 24-year-old's property is covered by CCTV and the footage has been passed on to the police, who have opened an investigation. Alli is now waiting to return to training with his Spurs teammates before a proposed Premier League return in late June.