On behalf of The Marks Law Firm, L.L.C. posted in Fraud on Wednesday, November 23, 2011
Criminal prosecution is serious business, especially for Missouri residents facing criminal allegations falling under federal jurisdiction. It is normally advisable for any party involved in a federal criminal matter, including white collar crime allegations, to speak with an experienced attorney knowledgeable in this area. Indeed, a guilty verdict could result in costly payouts and jail time.
In one recent federal case, a Missouri couple in their sixties faced allegations that they had stolen over $3 million from countless farmers. The couple operated the Gallatin Grain Company. According to federal prosecutors, the couple engaged in a mail fraud conspiracy in which they illegally sold grain belonging to other farmers that was being stored at their facility. The 66-year-old man previously pleaded guilty in October. The man’s 66-year-old wife pleaded guilty just recently.
As a result of the plea, the man could spend as many as 20 years in prison and his wife could spend as many as five years. Additionally, $400,000 of the defendants’ assets were seized and distributed to the farmers said to be the victims of the fraud. Authorities say $2.9 million in stolen assets remain at large.
Any individual involved in a federal white collar crimes investigation may benefit from consulting with an experienced attorney. While it’s possible the situation isn’t as serious as first envisioned, an attorney can adequately assess the allegations. A lawyer can make certain the authorities honor all legal rights of the accused as the case makes its way through the criminal justice system and fight for a favorable result for all involved.
Source: The Kansas City Star, “Missouri grain operator admits stealing from farmers,” Tony Rizzo, Nov. 8, 2011