COVID Loan Scam COLLAPSES Former TV Star, $64M Fraud Scheme Ends In Infamous Prison Lockup Former Phoenix news anchor Stephanie Hockridge’s glamorous past collided with a shocking downfall as a federal judge handed her a decade behind bars for orchestrating a massive COVID loan scam. Prosecutors say Hockridge and her husband built a multimillion-dollar PPP fraud machine—one that enriched them while exploiting a national crisis. Now, she’s headed to the same Texas facility that houses Ghislaine Maxwell and Elizabeth Holmes, turning her punishment into a notorious reunion of disgraced elites. With $64 million in restitution and a December prison check-in date, investigators call it one of the highest-profile PPP fraud takedowns involving a public figure.

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