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By LOLSBA Editorial Team | Content type: Reporting / Analysis | Published/updated: 2026-04-01 | send a correction

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Ex-TV Anchor Turned PPP Fraudster Gets 10 Years: Inside the $1 Billion Blueacorn Scam That Made the SBA Look Like a Drive-Through ATM

April 1, 2026

Former Phoenix news anchor Stephanie Hockridge and her husband Nathan Reis each got 10 years for running a $63 million PPP fraud factory through their fintech company Blueacorn. The company collected over $1 billion in taxpayer-funded processing fees while coaching borrowers to fabricate tax documents. She's now in the same prison as Ghislaine Maxwell and Elizabeth Holmes.

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