Former NFL wide receiver Josh Tony Oliva Jersey Bellamy is facingfraud and conspiracy charges after allegedlyobtaining a bogusCOVID-19 relief loan as part of a scheme that tried to obtain $24 million from the federal government.Prosecutors in South Florida that Bellamy, a St. Petersburg resident,and 10 other people conspired to file dozens of false claims under thePayroll Protection Program (PPP), with the group obtaining at least $17.4 million. Bellamy was charged with wire fraud, bank fraud and conspiracy to Josh Donaldson Jersey commit wire fraud and bank fraud. He was arrested Thursday and brought before a federal magistrate in Florida.MORE: Bellamy, 31, received a $1.24 million loan for hiscompany, Drip Entertainment LLC, and then spent$166,774of the proceeds at a casino and on jewelry and luxuryitems, prosecutors allege. He also allegedly withdrew more than $302,000.Prosecutors further claim that Bellamy tried to obtain loans for family Eddie Rosario Jersey members and close a sociates.The PPP was established to help small busine ses deal with revenue lo ses caused by the COVID-19 outbreak.The Jets released Bellamy on Tuesday Phil Hughes Jersey , but that the team was not awarehe was about to be arrested. The team placed Bellamy on the physically unable to perform list in May as hecontinued to recover from a shoulder injury he suffered last season.Bellamy began his career with the Chiefs in 2012 as an undrafted free agent. He later played with Washington and the Bears before joining the Jets last season on a two Mitch Garver Jersey -year, $5 million contract (terms per Cimini). He appeared in seven games for New York, playing mostly on special teams. He hadtwo receptions for 20 yards.