Former TV anchor heads to same prison as Ghislaine Maxwell after $63M COVID fraud conviction
Fox News
Former TV anchor Stephanie Hockridge was sentenced to 10 years in federal prison for a $63 million PPP loan fraud scheme carried out during the COVID-19 pandemic.
Anders Hagstrom is a reporter with Fox News Digital covering national politics and major breaking news events. Send tips to Anders.Hagstrom@Fox.com, or on X: @Hagstrom_Anders.
Hockridge was convicted "in a scheme to fraudulently obtain over $63 million in Paycheck Protection Program (PPP) loans guaranteed by the U.S. Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act," according to the Department of Justice (DOJ).
Hockridge co-founded lender service provider Blueacorn in April 2020, ostensibly to help small businesses and individuals secure PPP loans during the COVID-19 pandemic, the DOJ said. She previously worked as a TV news anchor for KNXV in Phoenix, the Post wrote.
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