Fairly Ricky’s Child Blue Charged For His Alleged Position In $24 Million COVID Reduction Fraud Scheme
Roommate, Pretty Rickys #BabyBlue apparently got busy during the pandemic, but it looks like some of his pastimes got him into trouble with the law! According to a Justice Department press release, Baby Blue has just filed several federal charges for its alleged involvement in a COVID Relief Fund scam!
Baby Blue has been charged with wire fraud, bank fraud, and conspiracy to commit wire fraud and bank fraud for allegedly involved in a fraud that resulted in more than $ 24 million in fraudulent COVID relief requests. Baby Blue and another man allegedly “conspired with others to obtain fraudulent millions in PPP loans”.
It is alleged that Baby Blue obtained $ 400,000 PPP loan for its Throwbackjersey.com LLC company through the use of forged documents. After getting this bag, he allegedly applied for a loan of over $ 700,000 for his other company, Blue Star Records LLC. He also reportedly dropped nearly $ 100,000 on a Ferrari that authorities confiscated when he was arrested.
The press release names various other people who allegedly were involved in the scam.
“The complaints allege that Smith and Johnson partnered with others to obtain fraudulent PPP loans in the millions. The complaints allege that the system involved the preparation of at least 90 fraudulent applications, most of which were submitted. Many of these loan applications were approved and funded by financial institutions and paid out at least $ 17.4 million. “
The last time Baby Blue hit the headlines, he had a physical argument with his ex-girlfriend on the set of Love & Hip Hop: Miami over drama. Recently he also greeted his little boy.
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