North Dakota man charged in $220M cattle investment Ponzi scheme

Killdeer man charged in $220 million cattle scam

A Killdeer man is now facing federal charges in what prosecutors call a $220 million cattle investment scam.

North Dakota man charged in $220M cattle investment Ponzi scheme

A North Dakota man is among five people facing federal criminal charges related to investments in a cattle and beef marketing company that was determined to be a Ponzi scheme.

‘Too Good To Be True:’ Wyoming Rancher Not Surprised By $200M Cattle Fraud

Wyoming hasn’t yet been linked to a $200 million cattle fraud case that’s hit 14 other states, but its cattle industry has been aware of the company, Agridime, for years. A Sublette County rancher said he never trusted the claims, calling them “too good to be true."

North Dakota man among 5 charged in Agridime cattle fraud case

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5 indicted on $220 million cattle scheme

Five individuals were federally indicted this week for their roles in an alleged $220 million nationwide fraud scheme involving purported cattle purchase contracts, announced United States Attorney for the Northern District of Texas Ryan Raybould. Those indicted by a Fort Worth federal grand jury on Feb. 11, were: Jed Wood of Fort Worth, Texas, charged with three counts of wire fraud, one count of conspiracy to commit wire fraud, and one count …