Page 12 - Cody Easterday News Today

Mesas Cody Allen Easterday, 49, has entered a plea of guilty to defrauding Tyson Foods Inc. (Tyson) and another company (Company 1) out of more than $244 million by charging them under various agreements for the purported costs of purchasing and feeding hundreds of thousands of cattle that did not actually exist. According to court documents, Easterday used his company, Easterday Ranches Inc., to enter into a series of agreement with Tyson and Company 1 under which Easterday Ranches agreed to p...

Mesa, Wash. — A Washington man pleaded guilty on Wednesday, March 31, to defrauding businesses out of more than $244 million by charging them under various agreements for the purported costs of purchasing and feeding hundreds of thousands of cattle that did not actually exist, according to a press release from the U.S. Attorney’s Office. According to court documents, Cody Easterday, 49, of Mesa, Washington, used his company, Easterday Ranches, to enter into a series of agreements with...

Courtesy of Easterday Farms public Facebook page Originally published on April 1, 2021 5:48 pm Updated April 1, 2021, 5:50 p.m. PT: Washington rancher Cody Easterday pleaded guilty Wednesday in federal district court to defrauding Tyson Foods Inc. and another company out of more than $244 million. Easterday admitted charging the companies for the costs of purchasing and feeding hundreds of thousands of fictitious cattle. Easterday’s scam worked like this as he operated ranches near the Wa...

Washington rancher pleads guilty to stealing $244M in ‘ghost cattle’ scam By Kristin M. Kraemer, Tri-City Herald Published: March 31, 2021, 7:15pm Share: PASCO – The president of one of the largest agricultural operations in Washington state has admitted concocting a scheme to defraud Tyson Foods and another company out of more than $244 million. Cody A. Easterday, 49, pleaded guilty Wednesday in U.S. District Court in a case that federal prosecutors are calling a “ghost-...

Tri-Cities rancher pleads guilty to cattle scam April 1, 2021 FacebookTwitterEmail SPOKANE, Wash. (AP) — A Tri-Cities cattle rancher has pleaded guilty in federal court to a single count of wire fraud and faces up to 20 years in prison for a scam involving cattle that did not exist. Defense attorneys contended Wednesday that Cody Easterday started trading on the commodities market as a hedge against losses inherent in the up-and-down cycle of agriculture markets and became addicted. “He did...

CFTC Charges Washington State Rancher And Feedyard With $233 Million Phantom Cattle Fraud Scheme Date 01/04/2021 The Commodity Futures Trading Commission today filed a civil enforcement action in the United States District Court for the Eastern District of Washington charging Easterday Ranches, Inc., a Pasco, Washington based cattle feedyard, and Cody Easterday, co-owner and formerly president of Easterday Ranches, for engaging in fraud in connection with the sale of more than 200,000 no...

A Washington man has pleaded guilty to defrauding Tyson Foods Inc. and another company (Company 1) out of more than $244 million by charging them under various agreements for the purported costs of purchasing and feeding more than 200,000 head of cattle that did not actually exist. According to court documents, Cody Allen Easterday, 49, of Mesa, Wash., used his company, Easterday Ranches Inc., to enter into a series of agreements with Tyson and Company 1 under which Easterday Ranches agreed to ...

WASHINGTON- A man has pleaded guilty to defrauding Tyson Foods Inc. and another unnamed company of more that $244 million, charging them for costs of purchasing and feeding hundreds of thousands of cattle. The problem is, the "ghost cattle" did not exist.  Court documents show that 49-year-old Cody Allen Easterday of Mesa used his company, Easterday Ranches Inc., to enter into a series of agreements with Tyson and the unnamed company to purchase and feed cattle on their behalf.  As part o...

Washington rancher Easterday pleads guilty, agrees to pay $244M over nonexistent cattle Cody Easterday’s scheme to defraud two companies, including Tyson Fresh Meats, began in 2016 and was created to cover more than $200 million in trading losses. Credit: Shannon Dininny Author: Charles H. Featherstone (Columbia Basin Herald) Published: 10:28 AM PDT April 1, 2021 Updated: 10:28 AM PDT April 1, 2021 SPOKANE, Wash. — Cody Easterday pleaded guilt...

USDA ARS Tyson Foods claims the Pasco, Wash., ranch billed for fictitious cattle and feed. Easterday pleaded guilty in federal court. A federal regulatory agency is taking civil enforcement action against Pasco, Wash.-based Easterday Ranches and its owner, Cody Easterday, alleging fraud in connection with the sale of more than 200,000 non-existent head of cattle to its sole customer, Tyson Foods. The Commodity Futures Trading Commissions action, filed March 31 in the...