WebOct 6, 2024 · Published: Oct. 6, 2024 at 9:25 AM PDT. (Gray News) – A cattle rancher in Washington state was sentenced to prison for defrauding Tyson Foods Inc. and another unnamed company out of more than ... WebThe "ghost cattle" or "ghost herd" fraud was a scheme perpetrated by Cody Easterday, a rancher in Mesa, Washington, to charge Tyson Foods for more than 200,000 cattle that did not exist. From 2016 until 2024, when Tyson discovered the missing cattle, Easterday submitted invoices totalling more than $200 million.
Rancher Sentenced to 11 Years in Prison for $244 Million
WebOct 5, 2024 · Rancher sentenced to 11 years in prison for $244 million 'ghost cattle' scheme Simon Druker 10/5/2024 Oct. 5 (UPI) -- A rancher in eastern Washington has been sentenced to 11 years in federal... WebFeb 17, 2024 · Easterday reported to federal prison in December in Los Angeles to serve an 11-year sentence after pleading guilty in a ghost-cattle wire fraud scheme. He was convicted of billing Tyson and another company $244 million for cattle that didn’t exist. Throughout their business relationship, court documents indicated that Easterday … phenolic acid lc ms
Rancher Sentenced for Running $244 Million “Ghost …
WebOct 4, 2024 · The fact is, none of these cattle ever existed; yet, Easterday and his company collected approximately $244 million for the purported costs of purchasing and raising these 265,000 “ghost cattle.” As set forth in court filings, Easterday used most of the fraud proceeds to cover approximately $200 million in losses Easterday incurred from ... WebJul 29, 2024 · Easterday pleaded guilty to wire fraud charges in a so-called "ghost cattle" scheme. Debtors including Tyson presented a plan to liquidate the assets of Easterday Ranches and Easterday Farms in an ... WebApr 1, 2024 · The president of one of the largest agricultural operations in Washington state has admitted concocting a scheme to defraud Tyson Foods and another company out of more than $244 million. Cody A ... phenolic acid chemical formula