A former television news anchor nominees for Emmy, convicted of a billion dollar scheme, sent a scandalous text to her partner in a crime that is joking about cheating taxpayers.
Stephanie Hokridge-Race, who works for a Local Station in Phoenix, before becoming an entrepreneur at Fintech, sent the message to her husband Nathan Reis after applying for paying loans (PPP) during a pandemic swallow.
“This is what we are trying to apply for free money – when we do not qualify completely. LOL,” she sent messages to a flight at 47, according to a federal accusation received from the Arizona Republic.
Former television presenter Stephanie Hokridge-Race sent a scandalous text to her husband, joking
Cheats on taxpayers outside the state funds. Subcommittee to select a house for the coronavirus crisis
The couple was charged with deceived more than $ 300,000 loans for the PPP for themselves, including a statement that is falsely claimed to be a veteran and African American.
Reis has taken a legal basis on Monday and will be sentenced in November.
The 42-year-old Hokridge-Race was found guilty of a conspiracy to carry out wire fraud in June by jurors in the northern district of Texas. It was justified by four additional numbers of wire fraud. The sentence is scheduled for October 10.
She faces up to 20 years in prison.
The post has sought comment from the duo.
The anchor and her husband Nathan Reis were convicted of Covid Cavid monetary scheme in June in June. Facebook / Stephanie Hokridge
The Fintech-based couple, based in Scottsdale, Blueacorn, which the couple co-founded in 2020, has processed over $ 12.5 billion for PPP-like between $ 250 million and $ 300 million in ownership of the company, including Hockridge-RIS.
Blueacorn has received over $ 1 billion in taxpayer processing fees to facilitate PPP loans, but consumes less than 1% ($ 8.6 million) to prevent fraud and only $ 13.7 million to check the eligibility, according to a congress investigation.
PPP was a federal $ 800 billion loan initiative, launched in 2020 to help small businesses retain workers hired during the pandemic.
It was part of a broader effort – including grants, tax loans and emergency loans – aimed at stabilizing the US economy and preventing mass closure and redundancies.
The former KNXV-TV anchor claims that her actions are “sincere efforts to support small business” in navigating the chaotic government problem during the “unprecedented need” era. Facebook / Stephanie Hokridge
Investigators say the couple used the revenues to enrich themselves.
The former KNXV-TV anchor claims that her actions are “sincere efforts to support small business” in navigating the chaotic government problem during the “unprecedented need” era.
As part of the production, the Congress said he received a video created by a flight and a hocridge-race showing large sums of money at a bar on December 21, 2021. According to public records, flight moved to San Juan, Puerto Rico, who has no profit tax after working at Blueacorn.
Reis took an agreement on legal basis because of his role in the funding scandal. Kpnx
Another video months earlier showed Hocris and a flight on the balcony of a luxury apartment on the beach in San Juan, the publication reported earlier.
The Congress report found that Blueacorn routinely failed to properly check the candidates and accrues illegal “fees for success” to borrowers – violating the rules of small business administration.
The report also describes in detail how the Blueacorn management instructs staff to prioritize speed over accuracy.
Hokridge-Race was once a familiar face in Arizona households. She spent seven years as an anchor of
KNXV-TV, ABC branch in Phoenix. Facebook / Stephanie Hokridge
Hokridge-Race was once a familiar face in Arizona households. She spent seven years anchored at KNXV-TV, ABC’s ABC branch, and had previously worked as a CBS News Radio reporter in London.
She was nominated for Emmy and named “Favorite Novin” by Arizona Foothills magazine.
Her sentence marks one of the highest-profile cases of PPP fraud so far, including a public figure.
The fraud related to Covid-19 assistance programs has been unprecedented in US history, with losses being estimated in hundreds of billions.
PPPs, disasters loans in economic injuries and unemployment insurance programs were particularly vulnerable – with guards reporting widespread abuse, abuse of internal people and systemic failures in the prevention of fraud.