Rapper Mo Fayne's going away for a long time for his role in a PPP loan fraud case ... he's just been sentenced to 210 months in prison -- which is 17.5 years.
The "Love & Hip Hop: Atlanta" star was hit with the prison sentence after pleading guilty to 6 counts, including bank and wire fraud. Prosecutors alleged he funded a lavish lifestyle during the pandemic with money from the Paycheck Protection Program. The money was intended to help employees and small businesses hit hard by COVID.
According to the Dept. of Justice Fayne submitted a $3.7 million PPP loan application, falsely claiming his trucking business had 107 employees and an average monthly payroll of $1,490,200. The feds say Fayne promised to use the PPP loan to retain workers and maintain payroll but instead used it for improper purposes ... including $40k for past-due child support, $85k for jewelry, $136k for a Rolls-Royce, and $907k to start a new business in Arkansas.
Check out when he got "Donkey of The Day" earlier this year.