Rusk County logging contractor indicted in timber fraud case
A logging contractor has been indicted by a Rusk County grand jury on a state jail felony charge of timber purchase as trustee with intent to defraud.
Beall had an agreement with the landowner to harvest timber from the property; however, the landowner contacted the
After an investigation, it was determined the landowner was not being compensated for all of the timber removed from the property, said
Kuhnert stressed the importance for landowners to protect their investment by monitoring all harvest activities, including having a wood accountability system in place requiring proof of documentation. This can be achieved by the landowner or by utilizing the services of a consulting forester, which the forest service recomends.
"It's always important to trust your gut," Kuhnert said. "When your gut is telling you something isn't right, it's always a good idea to do some research and see what's going on."
Indiana man pleads guilty to $300K investment fraud
Maryland man facing indictment for fraudulent applications for COVID-19 benefits
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News