Last month, Arkansas Mo was arrested and charged with bank fraud as he spent millions of dollars of Covid-19 relief funds on jewelry and luxury cars.
“The defendant allegedly stole money meant to assist hard-hit employees and businesses during these difficult times, and instead greedily used the money to bankroll his lavish purchases of jewelry and other personal items,” Assistant Attorney General Brian A. Benczkowski of the Justice Department’s Criminal Division said.
If convicted, Mo will face up to 25 years sentence.