Baby Blue on $24 Million PPP Loan Scam that Landed him in Prison, Claiming he was Tricked Into It
Baby Blue of Pretty Ricky wants his fans to learn from his mistakes.
VladTV published an interview with the rapper where he recounts how he fell victim to the $24 million COVID-19 loan scheme months after he turned himself in to begin his 20-month prison sentence. He tells how he was lied to.
Baby Blue claimed he was the "only" man in America with face masks at the beginning of the epidemic and eventually "made a quarter of a million dollars in 20 days" after selling 2 million masks. A Chinese clothing manufacturer provided the masks, he said.
An agent for a record label convinced an artist to back down from his plans to buy a Lamborghini for $250,000 by stating that the label would cover the cost. After Blue woke up to a few hundred thousand dollars and paid the man a $100K commission, the man reportedly asked for Blue's LLC and name.
“I still don’t know how I got the money, I’m thinking it came from the football agent’s loan company,” he told DJ Vlad. “I don’t know the details of what’s going on because this the beginning of the pandemic. Don’t nobody know what a PPP is. It don’t exist, it’s brand new…n***a, I’m a musician. I don’t know shit about no PPP. I barely know how to file my motherfuckin’ taxes.”
Vlad told him his name had been "run through the mud" and he had been the center of headlines, when he had only been used in a "marketing tool at the time, it's called influencer marketing."
After being arrested for wire fraud in October of 2020, Blue pleaded guilty on Aug. 4 to a conspiracy charge related to loaning nearly $427K to his Throwbackjersey.com LLC, and $708K to his Blue Star Records LLC.
“The n***as who got us the loans turned informants,” Blue claimed. “They turned to the confidential informants and now they start telling, ‘Oh, we did loans for them and them and them, and they bought this and this and that. But these the same people you ain’t even tell them where the money came from. You told them it was coming from a football agency.”