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The scam toppled one of the Northwest ... he collected about $250 million for 265,000 cows that were never in the company’s care between 2016 and 2020. ... That settlement satisfied most of ...
The settlement also means that other Easterday family members would not be prosecuted for not acting to stop Cody Easterday’s “ghost cattle” scam if they were aware of it.
The "ghost cattle" or "ghost herd" fraud was a scheme perpetrated by Cody Easterday, a rancher in Mesa, Washington, to charge Tyson Foods for more than 200,000 cattle that did not exist. From 2016 until 2020, when Tyson discovered the missing cattle, Easterday submitted invoices totalling more than $200 million.
Cody Easterday is headed to prison after being sentenced for a massive “ghost cattle” scam that defrauded Tyson Foods and another company out of more than a quarter billion dollars.
The Washington Post submitted a complaint against Coler's registration of the site with GoDaddy under the UDRP, and in 2015, an arbitral panel ruled that Coler's registration of the domain name was a form of bad-faith cybersquatting (specifically, typosquatting), "through a website that competes with Complainant through the use of fake news ...
[11] As a basis for the damages sought in the lawsuit, the plaintiffs noted that cattle futures dropped 10 percent the day after the episode, and that beef prices fell from 62 cents to 55 cents per pound. [12] Engler's attorneys argued that the rancher lost $6.7 million, and the plaintiffs sought to recoup total losses of more than $12 million ...
That settlement satisfied most of their smaller creditors with a payout of $10.76 million to be divided among 65 businesses. The only holdout was Rabo Agrifinance, which successfully argued for ...
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