Farmer Pleads Guilty To Insurance Fraud
|By Caitlin Dineen, The Fayetteville Observer, N.C.|
|McClatchy-Tribune Information Services|
Canady pleaded guilty to conspiracy to make false statements, to make material false statements and to commit mail and wire fraud, false statements to the
"This investigation exemplifies how our nation's law enforcement officers place their lives at risk in the investigations of crimes, even white collar offenses," Walker said in a news release.
Canady owned and rented farmland in
He worked with co-conspiring insurance agents, brokers and others to make false insurance claims to hide his crop production by selling it under the names of his family members.
Canady was paid twice for each pound or bushel, Walker said, because he was paid through the insurance claim and paid for the sale of the tobacco or grain.
He obtained a total of more than
During the investigation, law enforcement found Canady, a felon, was in possession of six firearms and 180 rounds of ammunition.
Walker said Canady knew about the investigation since 2008 and made several threats against investigating agents. On
According to Walker, Lovett made 22 different transactions worth
Some of the money was for the unreported sales of tobacco, Walker said. Lovett did not initially report the income on his tax returns.
The investigation of Lovett is part of an ongoing investigation into a larger insurance fraud in
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