Former Phoenix news anchor sentenced to 10 years for $63m fraud in Covid relief scheme
NegativeU.S News
- Former Phoenix news anchor Stephanie Hockridge has been sentenced to 10 years in federal prison for her role in a fraudulent $63 million COVID-19 relief scheme, where she and her husband falsified information to secure Paycheck Protection Program loans. The sentencing follows her conviction in June, while her husband, Nathan Reis, pleaded guilty in August.
- This sentencing underscores the legal consequences of fraudulent activities related to COVID-19 relief efforts, highlighting the government's commitment to prosecuting such crimes to protect taxpayer funds and maintain the integrity of relief programs.
- Hockridge's case reflects a broader trend of increased scrutiny and enforcement against fraud in pandemic relief programs, as authorities continue to address the misuse of funds intended to support struggling businesses during the crisis.
— via World Pulse Now AI Editorial System
