Reportedly anchor and husband started a firm that committed PPP fraud. They the taught tens of thousands in Phoenix area how to commit PPP fraud the number varied from couple hundred million to billion+.
Per another article lot of folks then used the money to buy wait for it Real estate properties . Most of them appear to get away with it as only ringleader is getting charged.
https://www.youtube.com/watch?v=Ma1lpwEhC4I&feature=youtu.be
If you ever wondered how so many new RE investors popped up in Phoenix/AZ area now you know.
h/t Dmoan