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Rabo Asks Bankruptcy Court for Subpoenas on Missing Cattle, Funds in Feedyard Collapse

Rabo Agrifinance is accusing the business surrounding a Kentucky cattle producer who died in April and his two Texas feedyards of engaging in a fraud that drained its bank accounts and cleared out tens of thousands of cattle from the feedyards, leaving Rabo with roughly $50.6 million in unpaid loans. The operation s collapse may have affected dozens of other cattle producers as well. ....

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'Massive fraud' alleged in missing cattle case

Rabo Agrifinance says they're out over $50 million in unpaid loans after the collapse of McClain Feedyards. They allege as many as 80,000 cattle were sold or transferred without any repayment on loans. ....

United States , Brian Mcclain , Rabo Agrifinance , Ag Marketing Service , Mcclain Feeders ,

Rabo Asks Bankruptcy Court for Subpoenas on Missing Cattle, Funds in Feedyard Collapse

Rabo Agrifinance is accusing the business surrounding a Kentucky cattle producer who died in April and his two Texas feedyards of engaging in a fraud that drained its bank accounts and cleared out tens of thousands of cattle from the feedyards, leaving Rabo with roughly $50.6 million in unpaid loans. The operation s collapse may have affected dozens of other cattle producers as well. ....

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