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Former NFL player sentenced to 3 years for PPP loan fraud

Former NFL wide receiver Josh Bellamy has been sentenced to more than three years in prison after pleading guilty to illegally receiving over $1 million in COVID-19 relief money, the U.S. Justice Department said Friday.

According to the DOG, Bellamy obtained over 1 million dollars for his company, Drip Entertainment LLC, through a Paycheck Protection Program (PPP) loan and spent more than $104,000 in luxury goods from Dior, Gucci and retail jewelers and more than $62,000 at trip to Seminole Hard Rock Hotel & Casino. Bellamy also allegedly withdrew more than $302,000.

As party of his sentence, Bellamy must pay $1,246,565 in restitution and spend 37 months in jail.