NFL player Josh Bellamy arrested in $ 24 million PPP loan scam
National Football League wide receiver Joshua Bellamy has been arrested and charged with his alleged involvement in a scheme to file fraudulent loan applications for more than $ 24 million in loans under the Check Protection Program of pays, itself receiving $ 1.2 million, according to the US Department of Justice.
In one criminal complaint Filed in the United States District Court for the Southern District of Florida on Thursday, the former New York Jets player and current free agent was charged with wire fraud, bank fraud, attempt and conspiracy in sight of committing wire fraud and bank fraud.
From or around May 21 on or around August 3, Bellamy allegedly participated in a scheme to fraudulently obtain over $ 24 million in forgivable loans through PPP and other government programs, conspiring with a person now cooperating in the investigation. , referred to in the complaint only as “CHS2”, and others, depending on the complaint.
Bellamy obtained a fraudulent PPP loan for his own company, Drip Entertainment, with CHS 2 “providing forged documents and helping to submit the claim on behalf of the defendant in exchange for a bribe of the loan proceeds.” according to the complaint.
In total, bank records showed Bellamy withdrew about $ 302,800 from the funds he received between May 28 and July 28, according to the complaint.
Bank records also reflected what appeared to be purchases of jewelry and other luxury items totaling over $ 100,000, including: a $ 57,000 bank transfer to a personalized jewelry store; a bank transfer of $ 38,000 to another jewelry store; $ 5,380 in merchandise at Gucci; $ 1,020 on the Milan Stock Exchange; and $ 2,010 at Dior, according to the complaint.
Bellamy also spent more than $ 6,630 on transactions with various airlines and about $ 62,774 at the Seminole Hard Rock Hotel and Casino, according to the complaint.