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Don't Toss That Envelope From Omaha -- It Has Your Federal Stimulus Prepaid Debit Card
If a plain white envelope from Omaha, Nebraska arrives in the mail, don’t throw it away. It may be your federal stimulus payment. Last week, the IRS and U.S. Treasury Department began mailing Economic Impact Payments as prepaid debit cards. In addition to a P.O. Box in Omaha, the return address says the letter is from "Money Network Cardholder Services." Nearly 4 million Americans waiting for their slice of the $2.2 trillion CARES Act are expected to get their stimulus money in the form of an EIP Card, as opposed to a paper check signed by President Donald J. Trump. The trouble is, th…
Hackensack, NJ
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Feds: Ex-Reality Star Uses $2 Million Business Pandemic Loan For Jewelry, Child Support
Former “Love & Hip Hop: Atlanta” star Maurice “Arkansas Mo” Fayne used a $2,045,800 coronavirus pandemic loan on jewelry for himself – including a 5.73-carat diamond ring – and child support, among other illegal purposes, said federal authorities who charged him with bank fraud. Federal agents who raided Fayne’s Georgia home this week said they seized roughly $80,000 in cash -- including $9,400 that they said he had in his pockets. The 37-year-old Fayne secured the loan in the name of a corporation that he called Flame Trucking to support 107 employees and an average monthly payroll of …