Ex-Jets receiver Josh Bellamy charged with COVID relief fraud

A former New York Jets wide receiver had sticky hands — for COVID relief funds, prosecutors charged Thursday.Federal authorities in South Florida announced they’d intercepted Josh Bellamy’s scheme with 10 others to file at least 90 fraudulent loan applications seeking more than $24 million.Bellamy, who was officially released from the Jets Tuesday, obtained a loan of $1,246,565 for his company, Drip Entertainment LLC, from a federal relief program for small businesses impacted by coronavirus. The money was intended only for job retention and certain other expenses, but Bellamy allegedly splurg…

Read More

HEDGE accordingly