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Baby Blue Offers Advice About PPP Loans Following His Loan Fraud Case – The Shade Room

As many of you know, Baby Blue of Pretty Ricky is preparing to enter in his plea for the fraud case he is currently dealing with. However, he wanted to use his platform to offer some advice to his followers when it comes to PPP Loans.

On Friday, he took to his social media to release a statement and said, “I want to take a second to use my platform and tell all my followers and anyone that sees this…If anyone approaches you with an offer for a PPP Loan, simply tell them NO THANK YOU!”

He continued to encourage everyone to completely ignore the discussion of PPP loans altogether. He continued to state, “Ignorance is not a legal defense and when you’re standing in front of a judge and jury, you won’t be able to say ‘I didn’t know.’”

When it comes to those who may have already received a PPP loan, he advised that the money be given back.

“I’m remorseful in stating this, and hope someone reads this message and makes the right decision,” he concluded.

On Instagram, he posted the statement in full, and said in his caption, “This is my first time actually addressing this situation publicly. I’m still going thru a case and was advised by my lawyers not to talk about the case but I did want to give my friends, family, followers, and fans a few words of advice in hopes of saving someone from making a bad decision knowingly or unknowingly.”

As previously reported, he was hit with various charges, including wire fraud, bank fraud, and conspiracy to commit wire fraud, for his alleged involvement in a PPP loan scam for more than $24 million. He is reportedly expected to enter a guilty plea within a few weeks.

 

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TSR STAFF: Jade Ashley @Jade_Ashley94




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