Baby Blue from pretty Ricky arrested on federal fraud charges!

Baby Blue from pretty Ricky arrested on federal fraud charges!

Baby Blue from the group Pretty Ricky was recently arrested on federal fraud charges! Diamond Blue Smith was charged with Bank Fraud, conspiracy to commit wire fraud. Blue filled for a PPP business loan totaling 24 million dollars.

According to Onsite the star took out a loan for $426,717 for his Throwback Jersey LLC company. He also applied for $708,065 for Blue Star Record label company. Him and partner Tony C. Johnson and 11 others now face federal charges for bank fraud. Tony Johnson allegedly had a towing company in Pennsylvania. All the documents use to obtain the loan was Falsified documentation.

Blue also brought himself a Ferrari which has been seized and other material items. No more information on if a bond was set for Blue. I’ll keep everyone updated on what happens! Be careful with with PUA scams, the federal government not playing!

photo credit; google

report information; onsite Instagram

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