The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

$217,000 Allegedly Drained From US Government by Nonprofit Owner Who Claimed To Feed Hungry, Let Hundreds of Boxes of Food Expire: Report

by Georgette Miano
October 10, 2025
in Scams, Hacks & Breaches

The owner of a nonprofit that supposedly distributed food to the hungry has been indicted on two counts of bank fraud for allegedly draining $217,000 from the US government.

According to the U.S. Attorney’s Office for the Northern District of Oklahoma, 60-year-old Victor Colbert of the Oklahoma-based Heartland Heroes Foundation submitted at least five fraudulent applications for CARES Act funds, including Paycheck Protection Program (PPP) loans and an Economic Injury Disaster Loan advance.

Colbert allegedly falsified documents, claiming Heartland Heroes had 21 employees and a monthly payroll exceeding $59,000 to secure the funds.

According to FOX23, Colbert’s nonprofit claimed to feed thousands weekly but left piles of rotting food behind a Tulsa church, sparking odor complaints and disputes with local pastors.

Pastors and property owners, including Robert Stamper and Bill Bressler, accused Colbert of abandoning spoiled food and failing to pay debts.

The Tulsa Dream Center and a Sand Springs church says it lost nearly $36,000 for undelivered food, per court documents (FOX23).

If convicted, Colbert faces up to 60 years in prison and $2 million in fines. He is set to appear in federal court in November.

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

Submit a Press Release

Industry Announcements

  • Introducing Filecoin Onchain Cloud: Verifiable, Developer-Owned Infrastructure
    November 18, 2025
  • Lite Strategy Reports First Quarter Fiscal Year 2026 Results, Highlights Successful Launch of $100 Million Litecoin Treasury Strategy and Movement Into Active Capital Market Operations
    November 17, 2025
  • CoinFello – the First Self-Sovereign AI Agent for Using and Automating Any Smart Contract
    November 17, 2025
  • The Era of DEX Dominance – BasePerp, the First Base Perpetual DEX, Announced Its ICO
    November 17, 2025
  • Everstake Partners With Paribu Custody To Accelerate Institutional Staking in Turkey
    November 17, 2025
  • Aster Launches Stage Four Airdrop and $10 Million Trading Competition To Accelerate Ecosystem Growth
    November 17, 2025
  • BYDFi Joins CCCC Lisbon 2025 As Sponsor, Empowering Creators and Web 3.0 Education
    November 17, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$93,046.93
$93,046.93
1.19%
Ethereum
$3,117.74
$3,117.74
3.39%
BNB
$933.22
$933.22
3.23%
Solana
$140.51
$140.51
7.48%
XRP
$2.22
$2.22
3.16%

Spotlight

  • Coinbase Issues Alert to Crypto Traders, Says It Will Abruptly Suspend Trading for Five Altcoins
    November 11, 2025
  • Uniswap (UNI) Surges 44% As Decentralized Exchange Reveals Fee and Token Burn Proposal
    November 11, 2025
  • Chinese Bitcoin Scammer Sentenced to Over 11 Years as UK Confiscates Record £4,800,000,000 Billion in BTC
    November 11, 2025
  • US Regulators Issue New Guidance Enabling Staking for Crypto Exchange-Traded Funds
    November 11, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl