Pretty Ricky’s Baby Blue To Plead Guilty In PPP Loan Fraud Case!
This is why you don’t lie to get a PPP Loan!
The last we all heard about Baby Blue of Pretty Ricky is that he was shot and fighting for his life. He was lucky and recovered, but now Blue is heading to court and set to plead guilty for his involvement in a COVID-19 Relief Fraud Case. Read on for details on Baby Blue PPP Loan fraud case…
CelebnMusic247.com reports Diamond Blue Smith, best known as Baby Blue remains in hot water with allegations he filed fraudulent PPP loan applications.
According to reports Baby Blue used the alleged $24 million dollar funds to purchase luxury items. The items include a 2010 black Ferrari 458 Italia, which Baby Blue claimed is a company vehicle for one of his businesses.
An FBI investigation alleges Baby Blue convinced at least 11 other individuals to file for PPP loans so he could receive a kickback.
Court records indicate that the Love and Hip Hop Miami star Baby Blue is set to plead guilty in the COVID-19 relief fraud case against him, according to VLAD-TV. This information comes just mere weeks after Baby Blue was shot at a bowling alley during an attempted armed robbery. He is still recovering from the incident.
Baby Blue Set To Appear In Court:
The Pretty Ricky member is set to appear in court before U.S. District Judge Marcia Cooke on June 9th. Reports allege Baby Blue will at minimum plead guilty to one federal offense. As of yet, no plea deal has been announced.
It was previously reported Baby Blue was facing charges of wire fraud, bank fraud, and conspiracy to commit wire fraud and bank fraud. Official reports are now claiming Baby Blue was charged with conspiracy to commit fraud, which carries a five-year sentence in federal prison.
Before the change of plea hearing was confirmed, Baby Blue’s attorney submitted a motion to postpone the impending trial initially scheduled to begin nine days after he was shot citing Baby Blue:
[ Blue] is expected to undergo physical therapy over the coming months to recover from his injuries.