Non-Profit Leader Convicted of Bank Fraud for False Statements in Applications for Paycheck Protection Program Loans
TULSA, Okla.— A federal jury convicted Victor Kensington Colbert Jr. of two counts of bank fraud for his fraudulent Paycheck Protection Program Loan Applications. Colbert ran the non-profit organization Oklahoma Heartland Heroes Foundation from 2018 until 2022. During the Covid-19 Pandemic, Colbert applied for and received several pandemic-related loans, including two Paycheck Protection Program loans and one...
What happened
TULSA, Okla.— A federal jury convicted Victor Kensington Colbert Jr. of two counts of bank fraud for his fraudulent Paycheck Protection Program Loan Applications. Colbert ran the non-profit organization Oklahoma Heartland Heroes Foundation from 2018 until 2022. During the Covid-19 Pandemic, Colbert applied for and received several pandemic-related loans, including two Paycheck Protection Program loans and one...
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1 reports · 1 original report · 1 independent
- U.S. Department of JusticePrimary source · Supports · EN · 100%Non-Profit Leader Convicted of Bank Fraud for False Statements in Applications for Paycheck Protection Program Loans ↗
Claims
- Non-Profit Leader Convicted of Bank Fraud for False Statements in Applications for Paycheck Protection Program Loans Observed
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Timeline
- First reported
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