Minot Archery Club Leaders Charged with Stealing Over $180,000

Former Officers Accused of Multi-Year Theft Scheme

Dallas and Nichole Rice, a married couple from Minot, are facing felony theft charges after investigators say more than $160,000 went missing from the Souris Valley Bowmen Club's accounts over several years . Court documents show the couple, while they were officers in the club, used the organization's debit cards to make personal purchases between July of 2022 and July of 2025, with Nichole Rice serving as the club's secretary/treasurer and Dallas Rice as club president .

The theft was discovered when a club check bounced and members reviewed bank accounts, leading to a board meeting where Dallas Rice admitted to using the cards for personal expenses . A further review of bank records by investigators calculated total unauthorized transactions of $183,525.62 across both accounts . The transactions included ATM withdrawals, retail and online purchases, utility bill payments and a veterinary visit .

Sophisticated Financial Deception Uncovered

Records show that from July 2022 to October 2023, the Souris Valley Bowmen had two debit cards on the account, with one card used more often at ATMs, Scheels, Ace Hardware and Marketplace Foods, while a second card was used more often at ATMs, Target, Amazon, Hobby Lobby and Joann Fabrics . Investigators say the pattern of purchases suggested two different users .

Investigators also linked a number of specific purchases to Nichole Rice through her name, phone number, email address and retail rewards accounts . Investigators noted that employment records showed Dallas Rice was clocked in at work at the time several of the disputed transactions took place , contradicting his claims of sole responsibility.

Dallas Rice initially claimed it was all him and he would pay back the money, which he did, with the club receiving $160,000 on July 18, 2025 . However, the investigation revealed the actual theft was significantly higher than what was repaid.

Serious Legal Consequences Await

Both Dallas and Nichole Rice were charged with Class A felony conspiracy to commit theft of property, which carries a maximum penalty of 20 years in prison, and/or a $25,000 fine, with Dallas Rice also charged with Class A felony theft, while Nichole Rice is charged with Class B felony theft . Each Class A felony in North Dakota carries a maximum possible sentence of 20 years in prison and a $20,000 fine, meaning Dallas faces up to 40 years if convicted on both Class A counts, and Nichole faces up to 30 years on her Class A and Class B charges combined .

Both have been issued criminal summons and have initial appearances on the charges set for April 7 . As of now, neither is in custody, and both remain presumed innocent unless and until they are proven guilty in court .

Club Seeks to Move Forward

Souris Valley Bowmen was founded in 1952, and commits itself to "educating and promoting the sport of archery, with special attention to youth involvement," according to its website . The nonprofit organization operates both indoor and outdoor ranges in the Trestle Valley near Minot.

In a statement, the board wrote, "We have done our part, and the matter is now up to the North Dakota judicial system. We are glad it has reached this point so we can achieve closure and move forward as a club" . The case highlights the vulnerability of nonprofit organizations to internal financial fraud and underscores the importance of robust oversight mechanisms in volunteer-led community groups.