advertisement

Hearing set on Missouri grain fraud claims

Friday, August 7, 2009 | 10:32 a.m. CDT

MARTINSBURG — Farmers who lost money in a $50 million grain fraud scheme will get a chance to recover part of their investments at a state Department of Agriculture hearing.

The administrative hearing was set for 10 a.m. Friday in the northeastern Missouri town of Martinsburg.

The Agriculture Department has received 180 claims from affected farmers totaling more than $27 million. The U.S. Attorney's Office in St. Louis says the totals could reach even higher.

Former grain dealer Cathy Gieseker faces 12 state felony charges connected to what officials call the biggest Ponzi scheme in state history. She also faces federal criminal charges of mail fraud, wire fraud and interstate transportation of stolen property.

 


Like what you see here? Become a member.


Show Me the Errors (What's this?)

Report corrections or additions here. Leave comments below here.

You must be logged in to participate in the Show Me the Errors contest.


Comments

Leave a comment

Speak up and join the conversation! Make sure to follow the guidelines outlined below and register with our site. You must be logged in to comment. (Our full comment policy is here.)

  • Don't use obscene, profane or vulgar language.
  • Don't use language that makes personal attacks on fellow commenters or discriminates based on race, religion, gender or ethnicity.
  • Use your real first and last name when registering on the website. It will be published with every comment. (Read why we ask for that here.)
  • Don’t solicit or promote businesses.

We are not able to monitor every comment that comes through. If you see something objectionable, please click the "Report comment" link.

You must be logged in to comment.

Forget your password?

Don't have an account? Register here.

advertisements