According to reports, the South Florida rhymer, born Diamond Blue Smith, was sentenced to 20 months in prison on December 16 for one count of Conspiracy to Commit Wire Fraud.
Baby Blue’s sentencing comes over a year after he was accused in October of 2020 of filing fake loan applications to obtain funds specifically allotted to small businesses as part of the United States’ Paycheck Protection Program (PPP) through the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Baby Blue received more than $24 million. Additionally, he must pay $1,111,345.23 in restitution and a $100 assessment fee.
He allegedly used some of these funds to purchase himself a Ferrari.
He appeared to address the matter on Instagram yesterday (Wednesday, Dec. 22nd). He wrote:
“I can’t go back and change the beginning, but I can start where I am and change the ending. There are things in life we don’t want to happen but have to accept; Lessons in life we don’t want to know but have to learn. We have to remember that life’s greatest lessons are usually learned at the worst times and from the worst mistakes. Sometimes the bad things that happens to us end up putting us on the path to the best things that will ever happen to us.”
