PHOENIX (AZFamily) — The husband of a former Phoenix news anchor plans to switch his plea for his involvement in the COVID-19 pandemic area- PPP loan fraud scam.

Federal court documents from Texas said Nathan Reis plans to plead guilty to one count of conspiracy to commit wire fraud. A judge signed off on the deal on Wednesday. This will avoid a trial, which was set to start this month.

He and Stephanie Hockridge, an ex-KNXV anchor, founded a Scottsdale-based tech company in April 2020 called BlueAcorn to help small businesses and people access federal Paycheck Protection Program loans.

Reis and others worked together to submit fake PPP loan applications to the federal government. The false documents included fabricated tax records and changed bank statements to make a business or pers

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