Man Sentenced for FSA Loan Fraud

A man has been sentenced to one year in prison and ordered to pay $163,000 for selling cattle, hay and other equipment pledged as collateral for several loans from the Farm Service Agency. Patrick Charles Thomas, 55, pleaded guilty to unlawful conversion of property. Thomas sold the collateral property without consulting FSA and without using the money to repay the loan. Read more (Associated Press).

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