Sept. 10 (UPI) -- Former New York Jets and Chicago Bears wide receiver Josh Bellamy was arrested for his alleged involvement in a $24 million scheme to obtain illegal loans intended for coronavirus relief, the U.S. Justice Department announced Thursday.
The 31-year-old Bellamy was charged in a federal criminal complaint with fraud, bank fraud, and conspiracy to commit wire fraud and bank fraud. According to the Justice Department, he allegedly received more than $1.2 million in fraudulent Paycheck Protection Program (PPP) loans for his company, Drip Entertainment LLC.