Fraud of the Week

May 16, 2016

Crop Fraud—Wisconsin

Amount: $340,887

 

A Wisconsin man has been indicted for five counts each of wire fraud and making false statements regarding crop insurance benefits. The U.S. District Court indicted the man for claims between December 2012 and November 2014. He falsely overstated his corn and soybean production to his carrier in order to increase insurance reimbursement in later years. The indictment alleges he submitted $340,887 in false crop yield losses over 2013 and 2014. The maximum penalty is 250 years in federal prison if convicted.