Former TV anchor heads to same prison as Ghislaine Maxwell after $63M COVID fraud conviction

In a separate legal development, a former television anchor and now-entrepreneur has been sentenced to a decade in prison for her role in a COVID-era fraud scheme. Stephanie Hockridge, who was convicted of pilfering millions, will serve her sentence at the same Texas prison camp that houses notorious sex trafficker Ghislaine Maxwell.

Earlier this year, Hockridge, 42, was found guilty by a federal grand jury on charges of conspiracy to commit wire fraud. On Friday, she was sentenced to 10 years at a Federal Prison Camp in Bryan, Texas, and ordered to pay over $63 million in restitution, according to reports from the New York Post.

The Department of Justice (DOJ) detailed that Hockridge’s conviction stemmed from a scheme to illegitimately obtain more than $63 million in Paycheck Protection Program (PPP) loans, which were backed by the U.S. Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

Hockridge co-founded Blueacorn, a lender service provider, in April 2020 with the stated goal of assisting small businesses and individuals in securing PPP loans during the pandemic, as noted by the DOJ. Prior to this venture, she was a news anchor for KNXV in Phoenix, the New York Post reported.

screenshot of message

Evidence presented by the Select Subcommittee on the Coronavirus Crisis included Slack messages where Hockridge directed Blueacorn employees to delete non-VIPPP loan applications, favoring VIPPP clients over regular PPP borrowers. This screenshot highlights a priority for high-profile clients, which further compounded her legal troubles.

Screenshots of internal messages within Blueacorn show Hockdridge instructing staff to prioritize what were known as “VIPPP” clients over regular PPP borrowers.

“To get larger loans for certain PPP applicants, Hockridge and her co-conspirators fabricated documents, including payroll records, tax documentation and bank statements,” the DOJ wrote in a press release. “Hockridge and her co-conspirators charged borrowers kickbacks based on a percentage of the funds received.”

Jeffrey Epstein's cohort Ghislaine Maxwell walks freely around low security

Ghislaine Maxwell is seen walking through the Federal Prison Camp in Bryan, Texas, on Sept. 20, 2025. (Matthew Symons/Mirrorpix/Mega)

Hockridge, however, claimed Blueacorn was a “sincere effort to support small businesses” during the coronavirus pandemic, according to the Post. 

The PPP was implemented to provide small businesses with funds to keep their workers on payroll, hire back employees who may have been laid off and cover applicable expenses like rent, utilities and mortgage interest during the pandemic. 

The prison where Ghislaine Maxwell is serving her sentence

The Federal Prison Camp in Bryan, Texas, is seen on Aug. 4, 2025. Ghislaine Maxwell was transferred here from FCI Tallahassee. Elizabeth Holmes and Jennifer Shah are also serving time inside. (Derek Shook for Fox News Digital)

Maxwell is serving her 20-year sentence at the same prison camp in Bryan for her role in a scheme to sexually exploit and abuse multiple minor girls with Jeffrey Epstein over the course of a decade.

Theranos fraudster Elizabeth Holmes and former “The Real Housewives of Salt Lake City” star Jennifer Shah are also serving time at the same facility.

Neither Hockridge’s attorney nor the Federal Bureau of Prisons immediately returned Fox News Digital’s requests for comment.

You May Also Like

ICE arrests record 238 illegal immigrants in one day during South Texas enforcement operation

ICE Arrests Record 238 Migrants in South Texas Operation

DOJ to target birth tourism schemes in the US, Trump says The…
Missouri teen Gabbriana Boyster found shot dead in home as mom makes horrifying discovery; 3 friends charged

Missouri Teen Gabbriana Boyster Shot Dead; 3 Friends Charged

A 16-year-old Missouri girl was fatally shot while spending time with friends,…
Foreclosure filings surged 21% this year. Here are the states where they are rising fastest.

Foreclosure Filings Jump 21%: States Seeing Biggest Spikes

Foreclosure activity climbed sharply across the United States in the first half…
Alcatraz boat victim identified as 79-year-old; search continues for 3 missing people

Alcatraz Boat Victim, 79, Identified as Search for 3 Goes On

One dead, two missing after boat sinks near Alcatraz A major search-and-rescue…
Two families sue North Dakota hospital on allegations babies were switched at birth

Families Sue North Dakota Hospital, Claim Babies Were Switched at Birth

Two families have filed a lawsuit against a North Dakota hospital, claiming…
Woman sentenced to 100 years after murder of children's father at Starke daycare

Woman Sentenced to 100 Years for Killing Children’s Father at Starke Daycare

Mindy Osteen has pleaded no contest to five charges tied to the…
3 generations of same family, including 2-year-old, killed in upstate NY plane crash

Three Generations of Family, Including 2-Year-Old Child, Killed in Upstate New York Plane Crash

A New Jersey family spanning three generations — including a 2-year-old girl…
United Airlines anticipates $6 billion in added fuel costs this year

United Airlines Faces $6 Billion Fuel Cost Surge This Year

United Airlines warned Wednesday that its fuel bill is set to climb…
Slain American mother Jamey Carney remembered as 'ray of sunshine' at Ireland funeral

Slain US Mom Jamey Carney Mourned as Ray of Sunshine in Ireland

American mother Jamey Carney was honored at her funeral as a loving…
Louisiana man accused of killing deputy US marshal faces possible death penalty

Louisiana Man May Face Death Penalty in US Marshal Killing

A Louisiana man is facing a murder charge after authorities say he…
Three teen girls arrested in New Jersey for allegedly throwing acid on six women in drive-by attack

NJ Acid Attack: 3 Teen Girls Arrested After Six Women Hurt

Three teenage girls were taken into custody in Jersey City last month…
Drunk wrong-way driver killed Mass trooper after 9 drinks at bar, DA report says

Massachusetts Trooper Killed by Drunk Wrong-Way Driver Who Had 9 Drinks, DA Report Says

A Massachusetts district attorney’s report says a heavily intoxicated wrong-way driver who…