Kansas cattle sale barn's owners indicted on fraud charges

 


WICHITA, Kan. (AP) — The owners of a northwest Kansas cattle sale barn have been charged with bank fraud over what federal prosecutors say was a check-kiting scheme that cost banks millions of dollars.

KAKE-TV reports that Plainville Livestock Commission owners Tyler Gillum and his wife, Camden, face 31 counts of bank fraud in federal court.

They also are charged with one count of making a false statement to the federal Small Business Administration in applying for a $1.5 million loan and one count of making a false statement to the Almena State Bank in seeking a $500,000 credit line.

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