Tacker found guilty of bilking USDA
ABERDEEN — William T. “Tommy” Tacker has been convicted of defrauding the U.S. Department of Agriculture out of $2.8 million in bioenergy subsidy money for a plant in Mississippi.
Tacker was convicted Wednesday in federal court in Aberdeen and faces up to 50 years in prison.
Testimony began Monday in the case of the 56-year-old Tacker, who faced 10 counts of conspiracy, fraud and wrongful profiting.
The government said Tacker and a Tennessee attorney, H. Max Speight, filed false statements to obtain money for a biofuels business they operated in Nettleton.
Speight and Tacker were partners in the operation, Biodiesel of Mississippi Inc., which went bankrupt in 2006.
Speight had already pleaded guilty to one count, according to The Northeast Mississippi Daily Journal. He is awaiting sentencing.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Twang & Tourism: The Country Music Trail
Top Posts & Pages
- QUIRKY? NO, JERKY — Whatever your craving, Beef Jerky Outlets likely has the flavor among 200+ choices
- Oxford’s FNC getting new headquarters
- Officials set hunting dates for birds; expands dove season by 20 days
- MARTIN WILLOUGHBY — State roots key to Edge Theory's Joe Stradinger
- ALAN TURNER — The ‘Internet of things’ is focus of Camgian's Gary Butler
- Cochran's attorneys argue for dismissal of McDaniel's lawsuit
- TECH 21 — Mississippi's most wanted in technology
- Federal charges dropped against Shumate after guilty plea
- Higher rates for Humana, lower for Magnolia ahead on health exchange