There’s always something going on in the NFL. Today, it seems like former New York Jets wide receiver Joshua Bellamy allegedly stole $1.2 million dollars from the U.S Government in a Covid-19 relief fund and was federally prosecuted in Florida yesterday, according to The New York Times.
The wide-out reportedly used his company“Drip Entertainment” to get his hands around a lot of money from the Payment Protection Program, just to spend it in jewelry, travel, and hotel expenses in less than two months.
Prosecutors got access to Bellamy’s bank records and saw when he transferred the money from the company account to his personal account. He wired 25% of the funds to his alleged co-conspirator and instantly triggered a lot of red flags.
Joshua Bellamy Had Less Than $3 In His Account
According to the report, the wide-receiver wasn’t doing so well financially speaking. His personal account had just$2.51 before he wired$1,246,565 on May 28. In the subsequent days, however, he spent most of that cash in drip and high-retail stores.
“On June 8, 2020, Bellamy purchased $5,381.60 in goods at Gucci and $1,020.98 at Milano Exchange. On June 14, 2020, Bellamy spent $2,014.80 at Dior. Bellamy’s bank records also reflect a number of expenditures for what appears to be travel and hotels. From May 28 to July 24, 2020, Bellamy spent over $6,630 on transactions with various airlines. He also spent approximately $62,774 at the Seminole Hard Rock Hotel and Casino,” reads the complaint.
New York Jets Cut Joshua Bellamy
It’s not like Joshua Bellamy was a part of the New York Jets’ plans entering the season. He had been in the Physically Unable to Perform list since last May and was unlikely to suit up this year anyway.
The Jets organization decided to cut ties with him on Tuesday and even though they’ve yet to comment on the matter, The New York Post states that the decision is directly related to the charges against him.