Former TV anchor heads to same prison as Ghislaine Maxwell after $63M COVID fraud conviction
Share this @internewscast.com

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.

Share this @internewscast.com
You May Also Like
Vice President JD Vance visiting North Carolina Friday to focus on the economy

Vice President JD Vance Set to Address Economic Initiatives During Upcoming Visit to North Carolina

On Friday, Vice President JD Vance made his way to North Carolina,…
Texas judge who played victim card booted from rodeo grounds a second time following VIP seating dispute

Texas Judge’s Rodeo Ruckus: VIP Seating Dispute Leads to Second Ejection

The presiding judge of Texas’ largest county found herself escorted from a…
Video allegedly shows Michigan synagogue attacker buying $2K in fireworks days before truck rampage

Explosive Evidence: Michigan Synagogue Attacker Caught on Camera Buying $2K in Fireworks Before Rampage

In the wake of the unsettling attack on a synagogue in Michigan,…
US offers $10M reward, right to move to America for information on 10 Iranian leaders

U.S. Announces $10 Million Reward and Pathway to Citizenship for Intel on Ten Iranian Officials

The State Department has unveiled an enticing offer for Iranian citizens: a…
Board of Education announces finalists for Chicago Public Schools CEO, including current interim Dr. Macquline King

Chicago Public Schools CEO Search: Dr. Macquline King Among Finalists Announced by Board of Education

The Chicago Board of Education has unveiled a shortlist of potential candidates…
Texas Rep. Jasmine Crockett's fugitive security guard Mike King killed in standoff with Dallas SWAT team: report

Texas SWAT Standoff Ends Fatally for Fugitive Security Guard Linked to Rep. Jasmine Crockett

A man on the run in Texas, who reportedly served as a…
S&P credit rating firm becomes 2nd to sound alarm over NYC finances under Mamdani

NYC’s Financial Stability in Question: S&P Joins Chorus of Concerns Under Mamdani’s Leadership

In a growing chorus of concern, a second influential credit rating agency…
Photo shows Andrew Mountbatten-Windsor, Peter Mandelson in bathrobes with Jeffrey Epstein

Shocking Image Surfaces of Andrew Mountbatten-Windsor and Peter Mandelson in Bathrobes with Jeffrey Epstein

A startling, previously unseen photograph surfaced on Friday, showing former Prince Andrew,…
Illinois election primary 2026: Jesse Jackson Jr., Donna Miller, Robert Peters seek Robin Kelly's 2nd Congressional District seat

2026 Illinois Primary Showdown: Jesse Jackson Jr., Donna Miller, and Robert Peters Vie for Robin Kelly’s Congressional Seat

CHICAGO — With just four days remaining until the primary election, a…
Snow geese take off for the Arctic in mesmerizing sunrise display

Snow Geese Embark on Arctic Migration, Creating a Stunning Sunrise Spectacle

In the early morning shadows of Kleinfeltersville, Pa., several keen birdwatchers assembled,…
Staten Island plagued by mysterious 'rotten eggs' stench making residents nauseous

Unmasking the Mystery: Staten Island Residents Baffled by Persistent ‘Rotten Eggs’ Odor

The atmosphere in a Staten Island neighborhood has been anything but pleasant,…
Kankakee tornado death: US Army veteran Maurice Norington ID'd as man found dead in storm damage in Aroma Park, Illinois home

Tragic Tornado in Kankakee: US Army Veteran Maurice Norington Identified Among Storm Victims in Aroma Park, IL

In Kankakee County, Illinois, authorities have identified the body of a man…