‘Mastermind’ Charged with Fraud for Marketing Non-Organic Grain

The U.S. attorney’s office in Cedar Rapids, Iowa has filed charges against the alleged mastermind of a 7.5-year organic scheme involving farmers from Nebraska and Missouri.

The U.S. attorney’s office in Cedar Rapids, Iowa has filed charges against the alleged mastermind of a 7.5-year organic scheme involving farmers from Nebraska and Missouri. The Chillicothe, Missouri ringleader is expected to appear in court Thursday, AP reports.

Randy Constant owned and operated two organic companies in Missouri and Nebraska. Prosecutors say more than 90% of his grain was non-organic and purchased from other farmers, AP reports. The scheme resulted in sales to 10 customers for more than $142 million.

Constant was the ringleader of a previously reported fraud involving three Nebraska farmers: Tom Brennan, James Brennan and Michael Potter. The Overton, Neb. farmers will each plead guilty to one count of wire fraud.

Read more from AP here.

AgWeb-Logo crop
Related Stories
Attention now turns to Georgia, where low-hour Case IH and Deere iron could set brand-new auction highs.
Farmers are running fewer machines for longer hours, turning to high-tech retrofits and leveraging improved cash-flow expectations to upgrade existing equipment.
Drought forced Kentucky farmer Quint Pottinger to cut costs. His answer: a driverless retrofit kit, a smaller tractor and an 8-row planter that now plant his 2,000 acres of row crops on their own.
Read Next
Yield increase of 2.7 bu. per acre pushes carryout to 1.849 billion bushels, sending stocks-to-use back above 10%.
Get News Daily
Get Market Alerts
Get News & Markets App