Former NFL participant Josh Bellamy was sentenced to greater than three years in jail for fraudulently acquiring $1.2 million in COVID-19 reduction funds.
32-year-old Bellamy was granted the mortgage for his Drip Leisure LLC by way of the U.S. Small Enterprise Administration’s Paycheck Safety Program. In accordance to a Division of Justice press launch, he paid his co-conspirator, James Stote, $311,000 to put together the fraudulent mortgage software.
The previous broad receiver admitted to spending the cash on private objects, akin to jewellery and a go to to the Seminole Exhausting Rock Resort and On line casino.
As well as to his mortgage, he helped safe PPP loans for relations and mates.
On June 9, Bellamy pleaded responsible to conspiracy to commit wire fraud. The previous soccer participant was sentenced to 37 months in federal jail on Friday, with three years of supervised launch. He was additionally ordered to pay $1,246,565 in restitution and $1,246,565 in forfeiture.
Bellamy was initially signed by the Kansas Metropolis Chiefs in 2012. He performed in the NFL for eight seasons. He final performed ball for the New York Jets in 2019.