Arkansas Maurice Fayne, also known as Mo Fayne, is an American rapper. He is best known for his appearance on VH1’s reality series “Love & Hip Hop”. Mo is also well-known for his relationship to TV personality Karlie Redd. Mo Fayne’s net worth was estimated at $1.5 million as of 2023.
Mo Fayne was sentenced recently to 17.5 years in prison for using PPP loan funds for luxury items like jewelry and Rolls Royce. Fayne was fined by the Georgia Judge for PPP bankfraud.
|Full Name||Arkansas Maurice Fayne|
|The Birth Date||1983|
|Birthplace||Little Rock, U. S.|
|Profession||Owner of a Truck Company, Rapper|
|Net Worth||$1.5 million|
Mo Fayne was a child of Little Rock, United States. His childhood and his parents are not well-known. Although he must have studied at home, we don’t yet know any details about his education.
Mo Fayne Net Worth & Career
Fayne is essentially a truck business owner. Fayne has not disclosed any further details about his job. He came into the limelight after he appeared in season 8 of the reality series “Love & Hip Hop: Atlanta”. The reality series centered on his relationship struggles with Karlie Redd.
In reality television, Mo revealed that he was in a relationship and has a child with another woman. The series’ drama between Fayne (and Karlie) caught the attention of many. Karlie wasn’t happy with Fayne because she claimed he was more controlling and abusive.
He was not only involved in a relationship with Karlie Redd but was also arrested by the local police for bank fraud. According to reports, he had taken a Paycheck Protection loan in the amount of $2 million to support his business during COVID-19 lockdown.
Fayne borrowed the money to purchase luxury gifts such as a Rolex Presidential Watch and a 5.73-carat, diamond ring. He had only $70k cash in his pocket at the time he was arrested.
Fayne was most recently found guilty for bank fraud. He will spend the rest of his 17.5-year life in prison. Fayne was also ordered by the court to pay $4,465,866 as restitution for submitting falsely a $3.7million loan application. Fayne was originally facing a sentence of 30 years in prison. However, Fayne made a deal to reduce his time in prison with prosecutors.
Mo Fayne Personal life
Mo Fayne was in an intimate relationship with the TV personality. Karlie Redd. The pair had a whirlwind romance during the reality series “Love & Hip Hop: Atlanta”. Fayne reportedly proposed to her and they later walked down the aisle together. However, their marriage didn’t sustain for a long time since they quickly got a divorce.
Fayne and Karlie made an agreement that they would not receive alimony during their divorce. According to reports, Fayne gave his BMW to Karlie.
Mo Fayne Net Worth
As of 2023, Mo Fayne’s personal wealth is estimated to be around $1.5 million. He must have earned the hefty amount from his truck business, and from appearing in the Love & Hip Hop: Atlanta.
Fayne was recently fined more than $4 million, which is much higher than his net worth. During a bank fraud investigation last year, investigators took $617,000 from Fayne’s bank account and $80,000 from his home.