Texas Man Sells Livestock Used as Collateral for FSA Loan

A Texas man pleaded guilty to charges of selling cattle that was used as collateral on a USDA Farm Service Agency Loan. Michael Kord Chapman sold about 158 head of cattle valued at more than $83,400 and kept the money instead of paying the loan. Chapman could receive up to five years in prison. Read more (KYTX 19).

This entry was posted in News. Bookmark the permalink.

Comments are closed.