KBHB Radio - $15 million restitution ordered for fraud case

KBHB Radio - $15 million restitution ordered for fraud case reaching into multiple states


$15 million restitution ordered for fraud case reaching into multiple states
SIOUX FALLS, S.D. (AP) — Restitution of more than $15 million has been ordered in South Dakota for the man who defrauded wholesale seed distributors by passing off non-organic products as more expensive organic goods.
An earlier sentencing document had not listed the amount of restitution for Kent Duane Anderson, of Bradenton, Florida. Restitution has been set at $15,311,927, according to the U.S. Attorney’s Office.
Anderson was sentenced Monday to 51 months in prison after earlier pleading guilty to conspiracy to commit wire fraud and money laundering as part of an agreement with prosecutors. He was initially indicted on more than 40 charges.

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