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"'Midwest Madoff' sentenced to 9 years"

By Douglas A. Berman

The title of this post is the headline of this new article from the St. Louis Disptach.  Given that the fraudster discussed in the article is female, I suppose she should be glad she is not being called a "Mrs. Madoff" as well as being glad that she got a sentence that's barely 5% of what Bernie Madoff received.  Here are the specifics of this case: A $900 tanning bed for show pigs and a barn cooling system to encourage thick, prize-winning coats in cattle were but two of the personal items bought by the woman who committed the largest agricultural fraud in Missouri history, investigators said Thursday. That woman, Cathy M. Gieseker, 45, was sentenced in federal court here to nine years in prison on a single mail fraud charge for bilking at least 179 Missouri farmers out of more than $27 million...continue to full post

Full post as published by Sentencing Law and Policy on February 26, 2010 (boomark / email).