An Iowa farmer has been sentenced to 13 years in federal prison for stealing more than $1.5 million in agriculture subsidies during the COVID-19 pandemic.Tanner Seuntjens admitted to stealing several people’s identities to file additional false claims. Seuntjens pleaded guilty to four charges in September. He is required to serve five years of supervised release following his prison term and pay $1.7 million in restitution to the United States Department of Agriculture.
An Iowa farmer has been sentenced to 13 years in federal prison for stealing more than $1.5 million in agriculture subsidies during the COVID-19 pandemic.
Tanner Seuntjens admitted to stealing several people’s identities to file additional false claims.
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Seuntjens pleaded guilty to four charges in September.
He is required to serve five years of supervised release following…
CLICK HERE to read the FULL Iowa farmer sentenced to 13 years for USDA fraud – KCCI article.
This type of fraud targets the supply chain and accounts payable departments of businesses.
- Invoice Manipulation: Criminals intercept a legitimate invoice between a supplier and a client and change the banking details to their own. The client pays the bill thinking they are paying their trusted vendor.
- Kickbacks and Bribery: A vendor secretly pays an employee of the purchasing company to ensure their bid is successful or to overlook inflated pricing.