Federal prosecutors proved that she and her husband, Nathan Reis, co-founded a company called Blueacorn that deliberately submitted thousands of fraudulent PPP loan applications using fake payroll records, forged tax documents, and fabricated bank statements. The scheme stole more than $63 million in taxpayer-funded COVID relief intended for struggling small businesses.
On November 21, a Texas federal judge sentenced the 42-year-old Hockridge to 10 years in prison and ordered her to pay nearly $64 million in restitution. She is scheduled to surrender to Federal Prison Camp Bryan, Texas, by December 30, 2025.
Hockridge spent over a decade as a respected broadcast journalist. She worked as a reporter and anchor in Missouri, Virginia, and briefly for CBS News Radio in London, then joined ABC15 (KNXV-TV) in Phoenix in 2011. Over seven years she co-anchored the station’s 5 p.m., 6 p.m., and 10 p.m. newscasts, earned an Emmy nomination, and was known for community-focused investigative stories until she left the station in 2018 to pursue business ventures.
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A couple of Mr. Smith's fingers were lodged in the grille of Carla's car.
Stephanie Hockridge is not the first media personality to be the center of a scandal. Radio personality, Carla Foxx had too much fun one night and made a fatal mistake.