SEVEN FARMERS AND A TOBACCO WAREHOUSE MANAGER SENTENCED FOR CROP INSURANCE FRAUD SCHEME
The following information was released by the
A
According to his plea agreement, Walden owned and rented farmland in
As part of the conspiracy, Walden wrote checks to
Walden also admitted to running the same fraud scheme through
Other farmers have also been sentenced for their role in the same conspiracy to commit crop insurance fraud and have been sentenced as followed.
Additionally, earlier this month,
Under federal law, these defendants must serve 85 percent of their prison sentences.
"These defendants fleeced programs intended to protect agricultural producers," said
"There is no place in our society for opportunists who choose to defraud public programs at the expense of honest, hard-working American farmers," stated Special Agent in Charge
"
The investigation was conducted by the


Proposed cap on card rates could have unintended effects
Federal Reserve inquiry clouds Trump’s Supreme Court bid to oust Lisa Cook
Advisor News
- When new investment trends emerge, Gen Z is most likely generation to be first in
- Could ‘plain English’ become an advisor’s secret weapon?
- IRI urges Senate action on 403(b) parity legislation
- Three estate planning ideas to protect your clients and their wealth
- What advisors must know about accessible client documents
More Advisor NewsAnnuity News
- NUNN INTRODUCES BILL TO CUT RED TAPE, GIVE IOWANS CLEARER INSURANCE INFORMATION
- NAIC working group pressed to accelerate annuity illustration overhaul
- State Auditor James Brown Kicks Off Life Insurance Awareness Month With Policy Locator Tool
- Wink: Annuity sales post strong Q2, led by MYGAs and structured products
- Legacy Marketing Group partners with Malibu Life USA for annuity launch
More Annuity NewsHealth/Employee Benefits News
Life Insurance News