Sterling Woman Sentenced For Cattle Fraud
Associated Press - September 21, 2013 7:59 am
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A central Kansas woman has been sentenced to two years of probation for embezzling more than $211,000 from a feedlot where she worked to pay off losses from her own cattle trading.
The U.S. Attorney’s office says 37-year-old Carrie Frederick of Sterling must also pay about $80,000 in restitution under the sentence she received Friday in federal court.
Frederick pleaded guilty in June to wire fraud.
She admitted stealing the money from Sellers Farms, a Lyons feeding operation where she went to work in 2007. She owed more than $150,000 to her previous employer, Golden Belt Feeders in St. John, for losses from cattle transactions she financed while serving on Golden Belt’s board.
Frederick used the money stolen from Sellers Farms for personal expenses and to repay Golden Belt.