JEFFERSON CITY, Mo. (AP) – The Missouri Department of Agriculture has been encouraging people who haven’t received payment from a failed Missouri livestock auction to contact the department.
The Gallatin Livestock Auction’s bond funds were transferred to the department recently after claims were made on unpaid receipts.
The department says the deadline for filing a claim is April 27.
The 66-year-old owner of the company has been sentenced to six years in federal prison for a fraud that cost more than 100 northwest Missouri farmers about $3 million. Daniel Froman also was ordered pay more than $2.8 million in restitution.
Prosecutors said Froman admitted he sold grain from 100 farmers in order to pay his debts. He was charged with wire fraud because he mailed a fraudulent financial statement to the Missouri Department of Agriculture.