He's definitely no Tanner Gentry.

https://www.tmz.com/2020/09/10/josh-bel ... ank-fraud/

NFL wide receiver Josh Bellamy was arrested Thursday after officials say he misused government loans intended to help struggling businesses survive the COVID pandemic on lavish items like Gucci, Dior and casino trips.

31-year-old Bellamy -- who was cut by the NY Jets just 2 days ago -- is essentially accused of participating in a scheme in which people applied for more than $24 MILLION in PPP loans, intended for business owners to help stay afloat during the pandemic.

But, prosecutors say neither Bellamy nor his co-conspirators put the money toward their businesses -- instead, Bellamy blew a fortune on things like custom jewelry, designer clothes and casino trips.

In fact, officials say Bellamy spent $95k on custom jewelry, $5,381 at Gucci and $2,014 at Dior.

They also claim he dropped more than $62k during a recent trip to the Seminole Hard Rock Hotel and Casino.

Of the requested $24 mil, officials say Bellamy and his co-conspirators received roughly $17.4 million in PPP loans.

The alleged conspiracy is complicated but boils down to this ...

Officials believe Bellamy not only requested PPP loans for his own company based on false records ... but would then recruit others to apply for giant loans -- and when that money was received from the government, Bellamy would take a sizable kickback from the borrower.

By the way, prosecutors say Bellamy does technically own a business -- Drip Entertainment -- but officials say it hasnt been “active” since 2019.

Prosecutors say they have bank records showing Bellamy made large bank withdrawals recently -- taking around $302,800 between May and July 2020.

Officials say Bellamy executed the scheme while he was preparing for the 2020 NFL season.

If convicted, both the bank fraud and wire fraud charges carry lengthy prison sentences ... we're talkin' decades.

$5,381 at Gucci and $2,014 at Dior.

Shit, if he played for the Bears he couldve gotten that stuff for free downtown in June and not received any jail time .

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Proud member of the white guy grievance committee

It aint the six minutes. Its what happens in those six minutes.

How many former Bears receivers are in jail now? There was another guy who was a major drug runner.

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Why are only 14 percent of black CPS 11th-graders proficient in English?

He should have named it Drop Entertainment..

He should have given me a call.

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You know me like that.

Derp

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NIU's Sam Hurd.

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I was going to say that

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Huh?

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The Bandit's favorite salesperson at Gucci would agree.

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There are only two examples of infinity: The universe and human stupidity and I'm not sure about the universe.

That's right. Forgot his name. The Sox had Loaiza who made $44 million in the big leagues, and is currently serving a prison sentence for distribution of cocaine.

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Why are only 14 percent of black CPS 11th-graders proficient in English?

James Maness.

Dude was fast - probably because he was on cocaine.

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You know me like that.

Story time.

I actually met Josh Bellamy. We used to have corporate events each year at Halas Hall.

They would have a couple guys from the team do the meet & greet thing. Then we would break up into two teams for flag football. He was my coach.

He was a super-nice guy. I was always a fan that I'd hope would do well.

Legally.

Does all this make this more valuable or less?......

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You know me like that.

It sounds like he got his business training from watching McMillions, but didn't watch the last episode.

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You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

Dr. Ken covering his tracks.

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O judgment! Thou art fled to brutish beasts,
And men have lost their reason.

I wish this board had a section where we could discuss our interactions with famous people

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O judgment! Thou art fled to brutish beasts,
And men have lost their reason.

I seem to remember him being a Seacrest favorite

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O judgment! Thou art fled to brutish beasts,
And men have lost their reason.

That section is your jam.

I only bring it up when it is relevant to a current topic.

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You know me like that.

https://www.espn.com/nfl/story/_/id/328 ... lief-fraud

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what percent of those covid loans were used for their intended purposes... seems like most of them get lost in Markham

https://chicago.cbslocal.com/2021/11/02/markham-ghost-businesses-ppp-loans/

We insure thousands of private businesses. In every submission we get their financial statements. Many had PPP loans, and those loans helped them stay in business. From my seat the vast majority were used for their intended purpose, which was to hold businesses over and keep people employed.

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Hawaii (fuck) You