Pretty Ricky’s Baby Blue Reportedly Arrested For $24 Million COVID Loan Scam

NEW YORK - AUGUST 13: (U.S. TABS OUT) (L-R) Baby Blue
(Photo by Scott Gries/Getty Images)

Baby Blue from the popular group Pretty Ricky, as been arrested for his involvement in a $24 million COVID-19 loan scam.

According to reports, a press release from the Department of Justice reveals that Baby Blue, whose real name is Diamond Blue Smith, and his co-conspirator Tonye C. Johnson were both arrested, now facing charges of wire fraud, bank fraud, and conspiracy to commit wire and bank fraud.

Baby Blue used the relief money in order to buy luxury goods, such as a $96,000 Ferrari.

The government claims that Smith acquired the money for the Ferrari by “falsifying documents for a Paycheck Protection Program loan, and ultimately received just under $427,000. He also allegedly did the same thing for another loan that was worth almost $1 million.”

It turns out Baby Blue participated in a bigger scam, which aside from him and Johnson- another 11 defendants are involved in the case.