Former Bears receiver Josh Bellamy has been charged by the U.S. Department of Justice for allegedly participating in a scheme to receive more than $24 million from the Paycheck Protection Program through the Coronavirus Aid, Relief and Economic Securities act.
Bellamy, who is injured and was cut by the Jets this week, was charged with wire fraud, bank fraud and conspiracy to commit both in a federal criminal complaint filed in the Southern District of Florida.
Bellamy allegedly received a PPP load worth $1,246,565 for his company, Drip Entertainment LLC, and spent it on Dior and Gucci items, as well as jewelry.