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Archive for Tuesday, October 13, 2009

Oskaloosa man pleads guilty to cattle fraud

October 13, 2009

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An Overbrook man pleaded guilty Tuesday as part of a plea deal with federal prosecutors for his role in a Jefferson County cattle fraud case.

Dennis Stebbins, 58, was convicted of one count of conspiracy to commit bank fraud and money laundering to defraud the owners of J Bar Ranch LLC. Jay Aaron Wagner, 38, of Oskaloosa, pleaded guilty to the same charge last year.

Both men have now admitted to running the scheme against the ranch owners, Mick, Virginia, Mike and Judy Jamison.

In a deal with the defendants, the Jamisons required the cattle to be examined by a veterinarian. In exchange, the ranchers reimburse the men for the cost plus $2 to $3 per head.

Stebbins and Wagner admitted to fraudulently increasing the average weight and average cost of the cattle. They also fraudulently created documentation that the cattle were examined by a veterinarian.

In exchange for the guilty plea, prosecutors, Richard Hathaway and Christine Kenney agreed to drop eight other counts against Stebbins. He faces up to 30 years in prison and a $1 million maximum fine, but prosecutors will recommend a reduction in the sentence level, according to the agreement.

U.S. District Judge Richard D. Rogers will sentence Stebbins later in federal court in Topeka. Wagner is scheduled to be sentenced Nov. 20.

Comments

puddleglum 5 years, 2 months ago

doesn't that seem like a harsh sentence?

maybe he would have been better off sticking a pistol in a burger king drive thru customer's window and he could have gotten away with 3 ears probabtion and No fine or prison time at all?

puddleglum 5 years, 2 months ago

3 ears.......3 years what's the difference?

lounger 5 years, 2 months ago

HIs sentence shows how much pull the cattle industry has in this country-WAY TOO MUCH! Ranching is serious biz. I miss the Bison....

otto 5 years, 2 months ago

You all must be reading a different article than me - he hasn't been sentenced yet.

tbaker 5 years, 2 months ago

I love bison. There is plenty of room for them in this country - right next to the mashed potatoes.

bc_25 5 years, 2 months ago

It's not about what he did to the cattle...it's about the government. He committed a federal offense. He was stupid to think he'd get away w it...especially doing it to the people he did it to.

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