Corsica, South Dakota Man Gets 8 Years For Feedlot Ponzi Scheme
South Dakota man who scammed over $24 million in a Cattle Feedlot Ponzi Scheme gets sentenced to prison.
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South Dakota man who scammed over $24 million in a Cattle Feedlot Ponzi Scheme gets sentenced to prison.
South Dakota man who scammed over $24 million in a Cattle Feedlot Ponzi Scheme gets sentenced to prison.
RAPID CITY, S.D. (AP) — A South Dakota feedlot operator who pleaded guilty to operating...
RAPID CITY, S.D. (AP) — A South Dakota feedlot operator who pleaded guilty to operating a Ponzi cattle scheme has been sentenced to nearly eight years in prison. Prosecutors said Robert Blom, of Corsica, resold the same cattle to multiple investors and made a profit of about $24 million from 2014 to 2019.
South Dakota man who scammed over $24 million in a Cattle Feedlot Ponzi Scheme gets sentenced to prison.