Stephanie Hockridge, a co-founder of Blueacorn, a paycheck protection program loan processing company during the pandemic, will be sentenced in her federal fraud case in Fort Worth, Texas, on Friday.
Hockridge, who worked as an ABC15 news anchor from 2011 to 2018, was acquitted of four counts of wire fraud but convicted of one count of conspiracy to commit wire fraud in June 2025.
Hockridge started the financial tech company in Scottsdale with her husband, Nate Reis, and others in 2020.
WATCH: Blueacorn founder Nate Reis makes plea deal in PPP loan fraud case
During Hockridge’s trial, prosecutors said the couple and their co-conspirators submitted fraudulent Paycheck Protection Program applications to obtain forgivable COVID-19 relief loans for businesses and individuals…