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Arizona Rancher Sentenced to 41 Months for Role in Embezzlement and Wire Fraud Schemes Published: 22 April 2021 22 April 2021
Tucson, Arizona - Donald Hugh Nichols, 62, of Coolidge, Arizona, was sentenced Monday by U.S. District Judge Cindy K. Jorgenson to 41 months in prison. Nichols previously pleaded guilty to wire fraud.
Between 2013 and August 2017, Nichols, with the help of his son, engaged in a scheme to steal cattle from the Marana Stockyards and Livestock Market, an entity which hosts weekly livestock auctions for Arizona ranchers. As a cattle broker for third-party buyers, Nichols also illegally bid on his own cattle without the buyers’ knowledge or consent. Some of the cattle that Nichols purchased on behalf of third-party buyers were stolen from Marana Stockyards. As a result of these fraud schemes, Marana Stockyards suffered over $1 million in losses.
Arizona rancher gets 41-month prison term for fraud schemes
April 20, 2021
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TUCSON, Ariz. (AP) An Arizona rancher has been sentenced to nearly 3 ½ years in federal prison for his role in embezzlement and wire fraud schemes.
Prosecutors said 62-year-old Donald Hugh Nichols of Coolidge received a 41-month prison term after he pleaded guilty to wire fraud in U.S. District Court in Tucson.
Between 2013 and 2017, prosecutors said Nichols engaged in a scheme to steal cattle from the Marana Stockyards and Livestock Market, an entity which hosts weekly livestock auctions for Arizona ranchers.
As a cattle broker for third-party buyers, Nichols also illegally bid on his own cattle without the buyers’ knowledge or consent.
Arizona rancher gets 3+ years in prison for fraud schemes (Source: HNN) By Associated Press | April 21, 2021 at 10:22 AM MST - Updated April 22 at 12:03 PM
TUCSON, Ariz. (AP) An Arizona rancher has been sentenced to nearly 3 ½ years in federal prison for his role in embezzlement and wire fraud schemes.
Prosecutors said 62-year-old Donald Hugh Nichols of Coolidge received a 41-month prison term after he pleaded guilty to wire fraud in U.S. District Court in Tucson.
Between 2013 and 2017, prosecutors said Nichols engaged in a scheme to steal cattle from the Marana Stockyards and Livestock Market, an entity that hosts weekly livestock auctions for Arizona ranchers.
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