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4 Μαΐ 2023 · A massive fraudulent cattle scheme allegedly orchestrated by a Kentucky cattleman conned dozens of investors and a prominent agricultural lender out of $100 million, while his family – still grieving over the man’s suicide – is facing financial peril.
27 Δεκ 2022 · The cattle and beef industry has seen its fair share of bribes, ponzi schemes and fraud convictions in 2022. Here’s a look at the top 10 largest, most costly and slightly ridiculous scandals seen in the industry over the past year. (Farm Journal) By Paige Carlson December 27, 2022.
16 Μαΐ 2023 · The scam involved nearly 80,000 “ghost” cattle, court records indicate. Some cattle producers sold loads of cattle and their checks bounced as the Ponzi scheme unraveled. McClain, 52, of Benton, Kentucky, committed suicide on April 18.
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9 Μαΐ 2023 · A loss of millions of dollars, a suicide, tens of thousands of "ghost cattle" — all tied to a scheme that is costing local farmers and investors nearly $100 million.
The fallout continues from a ghost-cattle scheme as Rabo AgriFinance filed suit in federal court seeking to foreclose on Easterday family assets that have been in default for months.