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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.

Red Neck

September 21, 2013 at 8:06 am

So lets see this is the second time around $150,000 from a previous employer. $211,000 from this employer. No jail time and only has to pay back $80,000 out of $361,000 taken from both companies. Pretty sweet deal.

A H

September 21, 2013 at 4:27 pm

good luck that’ll be like getting blood out of a turnip she’ll be a bum the rest of her life

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