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Baby Blue on How He Got Indicted for $24M PPP Loan Scam (Part 8)
Posted
February 14, 2022
Views
357,614
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4,107
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February 14, 2022
357,614
4,107
1,745
1.64%
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In this clip, Baby Blue talks about the allegations brought up against him by the feds, in regards to the COVID-19 loan scam that he took part in during 2020. He reveals that he earned nearly a quarter of a million dollars after setting up a website to distribute COVID masks. Later, Baby Blue takes a deeper dive into what led to his arrest. He claims that it all started with his intentions to buy a baby blue Lamborghini for himself for $250K, but that a football agent who worked with a record label talked him out of it, insisting that they would pay for it instead.
Baby Blue gave the rep his LLC information and his legal name. The next day, he had over $400K in his back account ($100K went back to the agent who got him the money), not knowing that the money was obtained illegally through PPP loans. This transgression eventually led to the feds arresting Baby Blue for a loan scam. Nevertheless, he claims that the feds made him the poster child for arresting people for this type of fraud.
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