A former television news anchor who reinvented herself as a startup co-founder during the COVID-19 pandemic has been sentenced to
A former television news anchor who reinvented herself as a startup co-founder during the COVID-19 pandemic has been sentenced to a decade in federal prison for her role in a sweeping loan fraud scheme worth tens of millions of dollars.
According to Fox News, Stephanie Hockridge, 42, was ordered Friday to serve 10 years at a Federal Prison Camp in Bryan, Texas — the same facility that houses high-profile inmates including Ghislaine Maxwell, Elizabeth Holmes, and former reality TV star Jennifer Shah. She must also pay more than $63 million in restitution.
Earlier this year, a federal grand jury convicted Hockridge on one count of conspiracy to commit wire fraud. Prosecutors said she played a central role in “a scheme to fraudulently obtain over $63 million in Paycheck Protection Program (PPP) loans guaranteed by the U.
