Maurice Fayne, star on "Love & Hip Hop: Atlanta," applied for (and got) a $3.7M loan from the Paycheck Protection Program.

That was higher than was allowed under federal rules (!) so bank took back money, reduced it to ~$2M.

He faces bank fraud charges for how he used the $.

An FBI agent affidavit in court records said Fayne pledged to use the money to pay employees and business expenses. But instead, FBI agents charge that he:
-bought a diamond encrusted Rolex and pinky ring
-paid child support
-wired money to acquaintances
-took out stacks of cash

One last detail.

FBI agent said when executing a search warrant at his home May 11, they found a 2019 Rolls-Royce Wraith in his garage.

"Agents asked Fayne whether he used any of the PPP loan proceeds to purchase that vehicle, and Fayne said: & #39;Kinda, sorta, not really.& #39;"

OK I& #39;m not done there& #39;s more interesting stuff, I can& #39;t help it.

People might know Fayne from his TV name, Arkansas Mo.

He used a business he incorporated in Georgia, called Flame Trucking, to make the loan. https://www.justice.gov/opa/pr/reality-tv-personality-charged-bank-fraud">https://www.justice.gov/opa/pr/re...

FBI agents traced bank statements....