Businessman faces prison time in grain fraud

Businessman faces prison time in grain fraud

A prominent northwest Missouri businessman and former school board member faces a potential lengthy prison sentence for a $142 million grain fraud scheme.

Federal prosecutors in Iowa say 61-year-old Randy Constant pleaded guilty to one count of wire fraud and faces up to 20 years in prison. Constant, a former school board member in Chillicothe, Missouri, admitted falsely selling grain as certified organic from fields in Nebraska and Missouri through his Iowa-based brokerage, Jericho Solutions.

Continue reading Businessman faces prison time in grain fraud at Brownfield Ag News.