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
Oceanwide Plaza Bought for $470M

Oceanwide Plaza Acquired for $470 Million: Major Real Estate Deal Reshapes Downtown Los Angeles

After six long years of dominating the Los Angeles skyline with an…
Family ski trip ends in tragedy after brother finds sister swept away by Utah avalanche

Tragic Utah Avalanche Claims Life of Young Skier During Family Trip: Brother’s Heartbreaking Discovery

Tragedy struck a Massachusetts family during a skiing trip to Utah when…
White House Now Confirms, U.S. Provided Intelligence Support for Mexico's Jalisco Cartel Strike

White House Confirms U.S. Intelligence Role in Major Jalisco Cartel Takedown

The situation in Mexico remains fluid and complex, although there are signs…
Fresno surgeon Victor Lynn Perry has medical license revoked after sexual misconduct

Fresno Surgeon Victor Lynn Perry Loses Medical License Amid Sexual Misconduct Allegations

A prominent surgeon has been officially stripped of his medical license following…
Tourists trapped in Puerto Vallarta recount cartel retaliation after El Mencho killed

Tourists Stranded in Puerto Vallarta Amid Cartel Chaos Following El Mencho’s Death

In the wake of the reported death of Nemesio Oseguera, known as…
Expert's chilling warning after killing of cartel boss 'El Mencho' sparks violence across Mexico

Violence Erupts in Mexico: Expert Warns of Escalating Chaos Following Cartel Leader ‘El Mencho’s’ Assassination

The recent demise of Nemesio Ruben Oseguera Cervantes, a figure notorious for…
Nick Reiner back in court to face murder charges

Breaking News: Nick Reiner’s High-Profile Murder Trial Resumes in Court

All eyes are on Nick Reiner as he appears in a Los…
Massachusetts sixth-grader killed in Utah avalanche remembered as 'sweet, sassy and smart'

Tragic Utah Avalanche Claims Life of Beloved Massachusetts Sixth-Grader Remembered for Her Sweetness and Intelligence

An 11-year-old girl from Massachusetts tragically lost her life in an avalanche…
US Border Patrol agent kills suspected cartel smuggler after 'struggle' near Texas riverbank

Border Patrol Agent Involved in Shooting Incident in New Hampshire, Authorities Report

In the early hours of Sunday morning, a U.S. Customs and Border…
Breaking it Down | What happened during February's teen 'takeover' of Jacksonville Beach?

Unpacking February’s Teen Gathering at Jacksonville Beach: What Really Happened?

This past weekend turned grim in Jacksonville Beach as a shooting incident…
'El Mencho' killing marks new war against cartels, but Mexico needs to keep 'applying pressure': sources

Renewed Cartel Conflicts: ‘El Mencho’s’ Death Spurs Urgent Call for Mexico’s Continued Crackdown

The demise of one of Mexico’s most notorious cartel leaders in a…
Northwestern University freshman Jake West's journey from TikTok star to Wildcats basketball player

From TikTok Fame to College Hoops: Northwestern Freshman Jake West Joins Wildcats Basketball Team

Before he even donned the Wildcats’ jersey, Northwestern University freshman Jake West…