The U.S. Department of Agriculture (USDA) reminds rural communities, farmers and ranchers, families and small businesses affected by the recent winter storms that USDA has programs that provide assistance
Crop Insurance Seminar scheduled for Feb. 16
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A virtual Cotton Crop Insurance Seminar is scheduled to take place on Tuesday, Feb. 16.
The seminar will be put on by Plains Cotton Growers, Inc. Attendees will learn of the options that are currently available to producers for the 2021 growing season through the Federal Crop Insurance Program.
Discussions will be had about how crop insurance can be used to complement or even be substituted for other USDA program options.
Once prospective attendees have registered for the seminar at https://plainscotton.org/cotton-crop-insurance-seminar/, they will receive the Zoom invitation to be used on the day of the event.
Grand Rapids, Michigan Michael David Stamp of Decatur, Michigan, was sentenced to 96 months in federal prison for bank fraud and federal farm program fraud. U.S. District Judge Paul L. Maloney imposed the sentence. He also sentenced Stamp to five years of supervised release and ordered him to pay more than $17 million in restitution to Wells Fargo Bank, the U.S. Department of Agriculture s Risk Management Agency, and U.S.D.A. s Farm Service Agency. Mr. Stamp fraudulently obtained $68 million in bank loans and took advantage of government programs funded by U.S. taxpayers. Today s sentence should serve as a reminder that defrauding public programs and providing false or misleading documents to financial institutions are serious crimes that undermine our financial system and will not be tolerated, said Sarah Kull, Special Agent in Charge, IRS-Criminal Investigations.
Former Stamp Farms owner sentenced to prison, ordered to pay $23M in restitution
Updated Jan 19, 2021;
Posted Jan 19, 2021
Michael Stamp watches as Miedema Auctioneering sells off his Stamp Farms property in 2013 at Lawton Heritage Community Center. Stamp was sentenced Jan. 19, 2021 in U.S. District Court to 8 years in prison and ordered to pay $23M in restitution for orchestrating a multimillion-dollar fraud scheme. (MLive file photo | Mark Bugnaski)Kalamazoo Gazette
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KALAMAZOO, MI A former Decatur farm owner involved in a multimillion-dollar fraud case was sentenced in U.S. District Court Tuesday to 8 years in prison and ordered to pay $23M in restitution.