Photo: Kraipet Sritong/Shutterstock 'A Victory for Pennsylvania Farmers': In 'Cattle-Shifting Ponzi Scheme,' Federal Judge Says Sellers Were Shorted by Buyer's Middleman
In a dispute over cattle contracts, a federal judge ruled that a pair of cattle sellers were defrauded by defendants who acted with an intermediary in what he described as a "cattle-shifting Ponzi scheme" and granted summary judgment on their behalf for money owed.
March 17, 2021 at 12:12 PM
6 minute read
In a dispute over cattle contracts, a federal judge ruled that a pair of cattle sellers were defrauded by defendants who acted with an intermediary in what he described as a "cattle-shifting Ponzi scheme" and granted summary judgment on their behalf for money owed.
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