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Former New York Jets wide receiver Josh Bellamy was arrested Thursday morning for his alleged participation in a COVID-relief fraud scheme seeking more than $24 million worth of loans, according to the United States Department of Justice.

Bellamy, who was released by the Jets on Wednesday, was charged in a federal criminal complaint filed in the Southern District of Florida with wire fraud.

Bellamy, 31, is alleged to have conspired with others in obtaining at least $17.4 million in fraudulent PPP loans, including a payment of $1,246,565 for his own company, Drip Entertainment LLC.

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