A former news anchor who helped engineer one of the largest pandemic loan scams on record has been sentenced to a decade in federal prison—and will serve her time at the same minimum-security facility that houses Ghislaine Maxwell.
Stephanie Hockridge, 42, a former anchor for Phoenix’s ABC15, was sentenced Friday to 120 months in prison for her role in a sprawling scheme that siphoned off more than $63 million from the Paycheck Protection Program, the government’s $800 billion pandemic relief effort for small businesses. She was also ordered to pay nearly $64 million in restitution and will be placed on supervised release for two years.
The court recommended that Hockridge serve her sentence at Federal Prison Camp in Bryan, Texas, a minimum-security facility that is one of the most lenient lockups for nonviolent women offenders.
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