A Georgia man who has appeared in the reality TV series 'Love & Hip Hop: Atlanta' is accused of securing a loan designed to help businesses keep employees during the coronavirus crisis and spending the money on himself.
Instead, prosecutors allege, he spent $85,000 on jewelry, including a Rolex watch. Prosecutors also claim that he used the funds to lease a 2019 Rolls Royce Wraith, make loan payments and pay $40,000 in child support.
His attorney did not immediately respond to a voice message and emails sent through her website sent after business hours Tuesday.Prosecutors say that when Fayne was interviewed by federal agents May 6 he said all of the PPP money was used to pay payroll and other business expenses and denied spending any on himself.
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