Cattleman to change plea to guilty in loan fraud case
Published: January 16,2013
Tags: agency, agriculture, animal, bench, bull, cattle, cattleman, court, cow, crime, farm, farmer, farming, federal government, fraud, fraudulent, guilty, judicial, judiciary, justice, law, legal, livestock, loan, plea, plead, sale, steer, stock
ABERDEEN — Court records say a man will plead guilty to hiding the sales of cattle and using fake invoices to avoid paying back a federal loan.
A filing in U.S. District Court in Aberdeen says Clint Mann intends to change his plea. He pleaded not guilty Aug. 19.
Court records say Mann obtained a $64,000 line of credit from the Farm Service Agency in 2005 for cattle. The agency got to keep a security interest in the cattle.
The indictment says Mann submitted false invoices to make it appear he purchased cattle when he had not. It also says he sold cattle that were considered FSA collateral, but failed to report those sales.
His father, Don Mann, also is charged in the case. He pleaded not guilty Aug. 26.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- A BIG CHANGE: New mortgage rules seen bringing increase in pricey mobile home loans
- Analyst: KiOR Columbus plant may end up sold as scrap
- Warden who lives hundreds of miles from jail resigns
- Jail kitchen supervisor pleads guilty to stealing food
- (UPDATE) Gov. Bryant: $1.2 billion aluminum plant is a very exciting proposition for the state of Mississippi
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- WILLOUGHBY: Bernie Reed cites hard work as key to success of Reed’s Metals
- DAVID DALLAS: Savor this Thanksgiving and be grateful
- Hunting-weapons legislation passes House