NEWS
Federal Charges Stick
Victoria G. Myers Progressive Farmer Senior Editor
Tue May 28, 2013 10:17 AM CDT

Criminal convictions continue to mount for the former head of bankrupt Eastern Livestock Company, Thomas Gibson. A U.S. District Court in Kentucky has now convicted the former cattle broker of mail fraud as part of a check-kiting scheme that hurt cattlemen and businesses across the country.

This latest conviction focused on federal charges against Gibson, now 73. He was sentenced to 70 months in federal prison along with two years supervised release. Former chief operating officer of Eastern, Michael McDonald, age 61, was sentenced to 57 months in federal prison, and two years supervised release for his part in the ...

Quick View
  • Crop Tech Corner In this week's Crop Tech Corner, researchers produce orange-colored corn with sight-saving capabi...
  • Strong Immunity Wins Two weeks after calving, cows lose body condition. But if she is short on nutrients, too, that dr...
  • Russ' Vintage Iron DTN staff reporter Russ Quinn takes a look at farm life nearly a century ago.
  • Klinefelter: By the Numbers Farm lenders should halt their petty rivalry and focus on agriculture's best interest: Our nation...
  • CWA Rule Pressure The Pennsylvania Department of Environmental Protection has asked the federal EPA to withdraw the...
  • GOP Picks Conaway as House Ag Chairman The House Republican Steering Committee on Tuesday selected Rep. Michael Conaway, R-Texas, as the...
  • Head Start A Pennsylvania teen has two years of a farm-to-fork business under his belt and is looking to exp...
  • Woodbury: Farm Family Business One of the world's wealthiest families measures success not in dollars but in authenticity.
  • Ask the Vet A warning about bull breeding soundness.
Related News Stories
The Market's Fine Print
DTN's Livestock Quick Takes
DTN Before The Bell-Livestock
DTN Closing Livestock Comments
DTN Before The Bell-Livestock
DTN Closing Livestock Comments
DTN Before The Bell-Livestock
DTN Closing Livestock Comments
Strong Immunity Wins
Ask The Vet