comparemela.com

Page 14 - Nancye Brasel News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Minnesota farmer sentenced for $1 4 million USDA farm loan fraud

According to court documents, in late 2018, the FSA conducted a spot check and discovered that the bins of corn the farmer had pledged as collateral for three of the loans were almost empty. He had sold the corn under a family member’s name to avoid detection by the Commodity Credit Corporation.

Minnesota farmer sentenced for $1 4 million USDA farm loan fraud

According to court documents, in late 2018, the FSA conducted a spot check and discovered that the bins of corn the farmer had pledged as collateral for three of the loans were almost empty. He had sold the corn under a family member’s name to avoid detection by the Commodity Credit Corporation.

Minnesota farmer sentenced for $1 4 million USDA farm loan fraud

According to court documents, in late 2018, the FSA conducted a spot check and discovered that the bins of corn the farmer had pledged as collateral for three of the loans were almost empty. He had sold the corn under a family member’s name to avoid detection by the Commodity Credit Corporation.

Minnesota farmer sentenced for $1 4 million USDA farm loan fraud

According to court documents, in late 2018, the FSA conducted a spot check and discovered that the bins of corn the farmer had pledged as collateral for three of the loans were almost empty. He had sold the corn under a family member’s name to avoid detection by the Commodity Credit Corporation.

Minnesota farmer ordered to pay back more than $1 4 million to U S Department of Agriculture

Robert Waldon John Anderson, 67, on May 6 pleaded guilty to one count of conversion of Commodity Credit Corporation security. U.S. District Judge Nancy E. Brasel sentenced Anderson to three years of probation, 150 hours of community service and restitution of $1,403,578.40.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.