Colorado Businessman Pleads for Cash After Losing Companies Over Election Fraud Claims

Colorado businessman Joe Oltmann is scrambling for financial help after several of his companies cut ties with him due to his continued support for 2020 election fraud conspiracy theories. Oltmann has been ordered by a judge to pay $1,000 per day in fines to Eric Coomer.

A former Dominion Voting Systems employee, whom Oltmann falsely accused of collaborating with Antifa to rig the election against Donald Trump. Despite nearly four years passing since the claims, Oltmann has refused to provide any evidence to support his allegations, according to KUSA-TV.

“I was taken out of three of my companies yesterday,” Oltmann revealed on his Conservative Daily podcast. “The boards decided that it was better that I not be associated with those companies.” He added, “They asked me to step down. So it’s working – I’m gonna go broke.”

Oltmann, who described himself as the CEO of the DCF Guns chain among other ventures, has now turned to crowdfunding to cover his mounting legal fees and fines. He was named as a non-party in a defamation suit filed by Coomer over the false claims Oltmann spread following the 2020 election. Despite the financial penalties, Oltmann remains defiant, stating on his podcast, “I’ll be damned if I write a check to that piece of s–t.”

District Court Judge William J. Martínez warned that Oltmann could face jail time for contempt of court if he continues to refuse payment. The judge stated the fines were intended to “get his full and complete attention.” Although there is little formal evidence of Oltmann’s financial resources, Coomer’s attorneys noted that Oltmann has already paid over $53,000 in sanctions in other cases and frequently boasts of his wealth and lifestyle.

Oltmann has consistently defied court orders to produce evidence of his claims, including an alleged “Antifa call” and the identity of the individual who gave him access to Coomer’s private Facebook account. Despite these setbacks, Oltmann continues to espouse inflammatory rhetoric on his podcast, warning, “November is going to be the start of something very, very, very kinetic,” though he claimed he does not wish for violence.

As Oltmann faces increasing legal and financial pressure, his future remains uncertain as he continues to fight against the legal system and the fallout from his baseless claims.