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        <title><![CDATA[Former Jets wide-receiver Joshua Bellamy ripped off $1.2M in COVID-19 funds: feds]]></title>
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        <link>https://usagag.com/2020/09/10/former-jets-wide-receiver-joshua-bellamy-ripped-off-1-2m-in-covid-19-funds-feds/</link>
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            <media:title type="html">Former Jets wide-receiver Joshua Bellamy ripped off $1.2M in COVID-19 funds: feds</media:title>
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        <content:encoded><![CDATA[<p>This wide receiver’s hands were maybe a little too sticky.</p><p>Former New York Jets wide-out Joshua Bellamy bilked a coronavirus stimulus program for more than $1 million, federal prosecutors in Florida charged Thursday.</p><p>Bellamy allegedly obtained $1.2 million in fraudulent loans from the Payment Protection Program for his company “Drip Entertainment,” according to a criminal complaint filed in the Southern District of Florida.</p><p>Bellamy’s bank records show a paper trail of him transferring the money to his private account in May, which contained a total of less than $3 before he got the allegedly fraudulent pay day.</p><p>“On or about May 28, 2020, Bank 2 wired the loan amount, $1,246,565, into Bellamy’s personal account, which, at the time, had a balance of only $2.51,” the complaint states.</p><p>Bellamy then wired 25 percent of the cash to his co-conspirator as a kickback payment in the scam, the feds allege. His alleged co-conspirator is nor cooperating with federal authorities in their investigation.</p><p>The NFL player went shopping with the illegally obtained cash, buying up luxury goods at high-end retail shops, and spending all of the dough within about two months, according to the complaint.</p><p>“On June 8, 2020, Bellamy purchased $5,381.60 in goods at Gucci and $1,020.98 at Milano Exchange. On June 14, 2020, Bellamy spent $2,014.80 at Dior,” prosecutors wrote.</p><p>“Bellamy’s bank records also reflect a number of expenditures for what appears to be travel and hotels. From May 28 to July 24, 2020, Bellamy spent over $6,630 on transactions with various airlines. He also spent approximately $62,774 at the Seminole Hard Rock Hotel and Casino,” the complaint adds.</p><p>He was cut loose from the team on Wednesday in anticipation of the charges, source said.</p><p>The Jets did not respond to a request for comment.</p><p>Attorney information for Bellamy was not immediately available. It was unclear whether he was in custody.</p><p><em>Additional reporting by Thornton McEnery</em></p>]]></content:encoded>
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