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Related: About this forumRancher sentenced to 11 years in prison for $244 million 'ghost cattle' scheme
Oct. 5 (UPI) -- A rancher in eastern Washington has been sentenced to 11 years in federal prison after bilking two companies out of $244 million over several years in a "ghost cattle" scheme, according to court documents.
Cody Allen Easterday, of Mesa, Wash., was convicted of defrauding multinational food producer Tyson Foods as well as a second unnamed company, the Justice Department said in a statement Tuesday.
Easterday charged the two companies for the costs of buying and feeding approximately 265,000 cattle that never existed. He entered a guilty plea in March in U.S. District Court of the District of Eastern Washington.
The 51-year-old's lawyers argued in late September for a sentence of three years probation and a year of house arrest.
Read more: https://www.upi.com/Top_News/US/2022/10/05/rancher-ghost-cattle-prison-sentence/6651665003422/
bucolic_frolic
(43,283 posts)That would even raise eyebrows on Wall Street.
twodogsbarking
(9,805 posts)I think we found that out when Bush2 was Pres.
3Hotdogs
(12,406 posts)defrauded the elderly and people looking for mates so it doesn't count too much.
This guy defrauded a large corporation. So that counts much more.... can't have that shit going on.