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Ponzi scheme
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Karlie Redd’s Ex Indicted on Fraud Charges After Running $5 Million Ponzi Scheme to Cover Gambling Debts & Misusing Government Loan
Former Love & Hip-Hop: Atlanta star Maurice "Mo" Fayne was just caught defrauding millions from the government, and now he's being accused of running a $5 million Ponzi scheme for the past six years.
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