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Thursday, December 19, 2024
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Baby Blue was sentenced to 20 months for participating in PPP loan fraud-owed more than $1 million

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Roommates, at the height of the COVID-19 pandemic last year, it seems that everyone and their mothers have applied for PPP loans to help maintain their lifestyle, including some celebrities such as Pretty Ricky rapper Baby Blue. When people discovered that Blue was charged with various charges for participating in the PPP loan scam of more than $24 million in October 2020, they were shocked, including wire fraud, bank fraud, and conspiracy to commit wire fraud. It has been nearly a year since any new information about the Blue case was released.

It seems that the Florida native has been officially sentenced for his actions.according to U.S. Department of Justice, Blue was born in Diamond Smith and was sentenced to 20 months in prison on December 16 for conspiracy to commit wire fraud in the Southern District of Florida on August 4. As we previously reported, Blue admitted to using forged documents and information to obtain a PPP loan of US$426,717 for its company Throwbackjersey.com LLC. After completing that loan, he hasn’t done it yet!

Blue used forged documents and information to obtain another PPP loan of US$708,065 for another company, Blue Star Records LLC. In addition to the imprisonment period, Blue was also ordered to pay $1,111,345.23 in damages and $1,134,782 in confiscated payments.The rapper has remained silent and has not commented on the matter since May 2021, when he proposed suggestion Introduce PPP loans to his followers.

At that time, he issued a statement online saying: “I want to take a moment to use my platform and tell all my followers and anyone who sees this… If someone makes a PPP loan offer to you, just tell them no, Thank you!” He continued, “Ignorance is not a legal defense. When you stand in front of the judge and the jury, you can’t say’I don’t know’.” Roommates, we will If Blue has any comments on the verdict, please let you know!



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