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.

[adinserter block="1"]

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

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 assets including cryptocurrencies, 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

  • The DATA Foundation Launches to Tackle AI’s Multi-Billion Dollar Training Data Bottleneck
    June 25, 2026
  • Solstice and Tensorx to Buy $1 Billion in AI Infrastructure to Support EU Sovereign AI Demand
    June 25, 2026
  • Request Network Introduces One-Click Cross-Chain Mass Payouts and Expands Wallet Screening With Merkle Science
    June 25, 2026
  • Sui News – Cumberland, Fluid and SwissBorg Join Institutional Coalition on Hashi Ahead of July Global Testnet
    June 23, 2026
  • Bitcoin Suisse Receives MiCAR License and Launches European Expansion
    June 23, 2026
  • MyTonWallet Rebrands to My Wallet After Expanding to 11 Blockchains
    June 23, 2026
  • PremiumBlock Launches Non-Custodial Risk Hub for User-Created Prediction Markets, Perps and Web3 Poker
    June 19, 2026
Submit a Guest Post
ADVERTISEMENT

Spotlight

  • Intercontinental Exchange Partners With Crypto Exchange OKX To Operate as US Broker Dealer; Andrew Cuomo To Co-Chair Joint Venture
    June 23, 2026
  • Citi Strategist Scott Chronert Details ‘Barbell’ Strategy To Capture AI and Broadening out Trades
    June 24, 2026
  • Pennsylvania Man Faces Up To 60 Years in Prison After Using Mortgage Firm To Commit Bank Fraud
    June 24, 2026
  • Analyst Who Nailed 2025 Bitcoin Peak Predicts BTC Surge to $100,000 – But Not This Year
    June 24, 2026
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