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Pretty Ricky’s Baby Blue Maintains Innocence Despite Facing Life In Prison For COVID-19 Loan Scam

The ‘Love And Hip Hop: Miami’ Cast Member Was Arrested In Early October For His Alleged Role In A Multi-Million Dollar Fraud Scheme, And Has Since Been Indicted On Federal Fraud Charges.

via: AceShowbiz

The 36 year old, real name Diamond Blue Smith, was arrested on 5 October for his alleged role in a multi-million dollar fraud scheme, in which he is accused of obtaining more than $1 million (£766,000) in COVID-19 relief loans for two of his companies under the U.S. government’s Paycheck Protection Program (PPP).

Prosecutors claim he used “falsified documents” to secure the funds, and then spent $96,000 (£73,500) on a new Ferrari and other luxury goods.

He is also alleged to have helped others obtain PPP loans in exchange for kickbacks.

Blue was charged with wire fraud, bank fraud and conspiracy to commit wire fraud and bank fraud, and appeared before a judge in Georgia on Friday, October 09, when he posted a photo of himself in a suit on Instagram before the hearing and captioned it, “Wish me luck…”

Beside Blue and his co-conspirator Tonye C. Johnson, another 11 defendants are involved in the case. Lesson of the day, the Feds are looking scammers.

Per: LBS

0 comments on “Pretty Ricky’s Baby Blue Maintains Innocence Despite Facing Life In Prison For COVID-19 Loan Scam

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