WASHINGTON, Oct. 28 -- The U.S. Department of Justice's U.S. Attorney's office for XXXXXX (insert district) issued the following press release:
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 Economic Injury Disaster Loan Advance totaling $217,490.
United States Attorney Christopher Nassar says, "Colbert exploited a program intended to provide economic relief during a national cri...