Pretty Ricky's Baby Blue Sentenced to 20 Months in Prison for PPP Loan Fraud
Instagram
Celebrity

The RnB singer reportedly takes a plea deal and is sentenced to 20 months behind bars over his involvement in a massive COVID-19 relief loan scam back in 2020.

AceShowbiz - Pretty Ricky's Baby Blue is reportedly sentenced to 20 months for his involvement in PPP loan fraud. The R&B singer was previously accused of defrauding the government of $1 million and using Paycheck Protection Program loan money for personal expenses.

According to Baller Alert, Baby Blue took a plea deal and was sentenced to 20 months behind bars. The musician was also allegedly "ordered to pay $1,111345.23 in restitution and $1,134,782 in forfeiture in addition to his term of imprisonment." Additionally, Baby Blue is said to have stated about his sentence that "the judge was fair."

The singer appeared to reflect on the ordeal in a lengthy Instagram post on Wednesday, December 22. "I can't go back and change the beginning but I can start where I am and change the ending. There are things in life we don't want to happen but have to accept; Lessons in life we don't want to know but have to learn."

He went on to say, "We have to remember that life's greatest lessons are usually learned at the worst times and from the worst mistakes. Sometimes the bad things that happens to us end up putting us on the path to the best things that will ever happen to us. Life can change in a second, can be taken in a second so live your best life!"

"Do what you can for others. Always be there for the ones you love the most and understand that not everyone you love will stay, not everyone you trust will be loyal. Some people are lessons. Some people exist as an example of what to avoid. Learn from yesterday, live for today, prepare for a better tomorrow," he concluded.

Baby Blue was arrested in October 2020 in a massive COVID-19 relief loan scam. According to the official press release from the Department of Justice at the time, He was charged for "alleged participation in a scheme to file fraudulent loan applications seeking more than $24 million in forgivable Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act."

Follow AceShowbiz.com @ Google News

You can share this post!

You might also like
Related Posts