The New York Jets cut wide receiver Josh Bellamy late Wednesday afternoon. The move was a bit surprising, but not many batted an eye. Bellamy was on IR and hadn’t made much of an impact in 2019. Turns out, the cut may not have had anything to do with Bellamy’s play on the football field.
Ian Rappaport of NFL Network is reporting that Bellamy has been arrested for wire and bank fraud.
Ex-#Jets WR Josh Bellamy was arrested this morning and charged with wire fraud, bank fraud, and more for his alleged role in a scheme to file fraudulent loan applications seeking more than $24 million in PPP Loans.