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12/07/2022

Over $2 Billion in Total Losses, Kansas Sale Barn Owner Convicted of Fraud

Drovers.com

After nearly four years of investigation on a check kiting and fraud scheme costing banks and dozens of cattle ranchers in the area, a former owner of Plainville Livestock Commission (PLC) in Rooks County, Kans., has been convicted by federal jury.

Tyler Gillum and his wife, Camden, as former owners of the livestock sale barn, filed for bankruptcy in 2019. Shortly after, the two were initially charged with 31 counts of bank fraud, one count of making a false statement to the Small Business Administration in an application for a $1.5 million loan and one count of making a false statement to Almena State Bank in an application for a $500,000 line of credit, the U.S. Attorney’s Office District of Kansas said in a release.

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