Ray T. “Trey” Streetman, 40, of North 9th Street, served an indictment warrant charging him with theft by failure to make required disposition of property ($10,000 or more)
The founder of a local charitable foundation arrested two weeks ago for using another man’s credit card and EBT card has now been indicted for stealing more than $76,000 in a scheme involving the foundation.
Ray T. “Trey” Streetman, founder of the Hope Foundation, was indicted Friday, August 24, by a McCracken County grand jury on a charge of theft by failure to make required disposition of property ($10,000 or more).
On May 14, Abdulaziz Payziev of Nashville, TN, told Paducah police that he gave Streetman $76,300 to buy cellular phones, tablets and accessories from a local Verizon store. By purchasing through the Hope Foundation, Streetman received a discounted price for the electronics, according to Det. Matt Scheer.
Payziev, who owns an electronics resale store in Nashville, said Streetman was supposed to send the items to him to resell. He said he never received the items, and could no longer get in contact with Streetman.
Streetman was served with the indictment warrant at McCracken County Regional Jail. He has been incarcerated there since his arrest on August 17 on charges of fraudulent use of a credit card and fraudulent use of an ID card of electronic code for benefits.
In that case, Streetman was accused of taking the cards from a wallet given to him for safekeeping, and using them.