Former Jets' Josh Bellamy Was Arrested For Covid Loan Fraud

I am pretty sure people around this guy are looking at him crazy. Former New York Jets player, Josh Bellamy, who was just cut from the team a few days ago, has found himself in handcuffs. TMZ reports he was arrested because he got caught in a scheme. You know how when the pandemic hit, a lot of small business were trying to get help to stay afloat? Well, he participated in a scheme where people applied for more than $24 million in PPP loans. I mean, if he had a small business, cool. However, he didn't put that money towards any business, and neither did the people who was in on the scheme with him. He took that money and did some hood mess. Josh allegedly spent the money on jewelry, designer clothes and took some trips. Yes, all of this as an NFL player prepping for the season, while people are out here struggling to keep their businesses going. But wait, he has a business called Drip Entertainment, but officials say it hasn't been active since 2019. But officials believe Josh not only requested PPP loans for his own company based on false records, but would then recruit others to apply for giant loans and get money from the borrower when the money would come in from the government. If he is convicted, bank and wire fraud charges carry lengthy prison sentences according to TMZ.

Josh Bellamy (Getty)

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