Reality TV Star Illegally Uses Covid Relief Funds To Buy Ferrari
So what happens when you take government money and spend it where you shouldn’t? You know, taking PPP funds and buying an exotic Italian super car, like Ferrari? What if told you that a TV reality star did just that? Would it surprise you?
The star of the reality TV show "Love and Hip Hop: Miami" has been arrested for using covid-19 relief funds to buy a $96,000 Ferrari.
Reality stars aren’t known for their business savviness. Or legal procedure for that matter it seems.
Diamond Blue Smith received over $1 million from the government's Paycheck Protection Program. Also known as OUR tax dollars. Smith used a portion of the money to buy his new sports car.
Smith, 36, a cast member on Love & Hip Hop: Miami and a member of the group Pretty Ricky, was arrested this week along with a Pennsylvania tow truck operator for their roles in a $24 million COVID-19 relief fraud scheme.
Smith faces federal charges of wire fraud, bank fraud, and conspiracy to commit wire fraud and bank fraud in the Southern District of Florida.
The PPP Funds were signed by President Trump to help small business during the pandemic, not to buy exoctic italian sports cars.
Again, this is OUR tax dollars at work here. You pay into this whether you like it or not. So when someone who takes those funds and spends them on extravagant items, like a Ferrari, it tends to make us a little “upset”. As we should be.
All My Best,