Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   
   
   
   
   
   

Agricultural News


TSCRA Investigation Leads to Arrest of Wichita Falls Man in Connection to $5.8M Cattle Fraud Case

Thu, 28 Jun 2018 11:34:08 CDT

TSCRA Investigation Leads to Arrest of Wichita Falls Man in Connection to $5.8M Cattle Fraud Case A Wichita Falls man has been arrested on theft charges in a case that encompasses more than 10 counties in Texas and Oklahoma, 8,000 head of cattle and outstanding loans of more than $5.8 million. The arrest is the result of an investigation led by Texas and Southwestern Cattle Raisers Association (TSCRA) Special Ranger John Bradshaw and Troy McKinney.



The investigation began more than a year ago, in March 2017, after Bradshaw was contacted by representatives of the First United Bank in Sanger. It was indicated that Howard Lee Hinkle, 67, of Wichita Falls had defaulted on several loans with past due balances totaling more than $5.8 million. When bank officials acted on a court order to gather the approximately 8,000 yearling cattle put up as collateral they were unable to locate any of the animals.



Hinkle had purportedly told the bank the cattle were located on properties scattered across 10 counties in both Texas and Oklahoma. Bradshaw enlisted the assistance of fellow Special Rangers to help identify and interview numerous witnesses and collect vital evidence across the two states. As the investigation continued the Rangers identified the various properties and cattle listed in the loans, but found that none were legitimately owned by Hinkle. It is suspected that Hinkle deceived the bank by showing them fraudulent documentation and cattle that belonged to other individuals.



Bradshaw presented the evidence to a Denton County grand jury on June 14, 2018, and an indictment was handed down the following week for first-degree felony charges of Theft, more than $200,000. Hinkle was arrested without incident yesterday evening, on June 27, 2018, and booked into the Wichita County Jail. He was subsequently released on bond pending trial. If convicted Hinkle could face up to life in prison along with possible fines and restitution.



In raising cattle, it is common for credit to be extended for a variety of purposes, including buying cattle, equipment and property. When criminals defraud financial institutions, as alleged in this case, it can make credit harder to obtain and more expensive for other producers who rely on those same financial tools. Bradshaw hopes this case will serve as a warning to those who might consider defrauding their creditors.



“Life in prison is a big price to pay, it’s not worth it,” said Bradshaw. “Fraud and deception rarely work for very long, and eventually justice will prevail.”



TSCRA and Special Ranger Bradshaw would like to thank the Denton County District Attorney’s Office and Assistant District Attorney Sheila Bowels, for their assistance on the case.



Source - Texas and Southwestern Cattle Raisers Association




   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • NCGA Testifies in Support of RFS  Tue, 11 Dec 2018 09:53:28 CST
  • Oklahoma National Stockyards - Oklahoma City - Close  Tue, 11 Dec 2018 07:48:50 CST
  • Tuesday Preopening Market Update with Dave Lanning  Tue, 11 Dec 2018 07:32:55 CST
  • Joplin Regional Stockyards - Close  Tue, 11 Dec 2018 05:38:02 CST
  • Farm Bureau to Work With Informa Economics to Produce Six Policy Roundtables in 2019  Tue, 11 Dec 2018 05:25:30 CST
  • US Secretary of Ag Sonny Perdue Will Encourage President Trump to Sign the 2018 Farm Bill if Sent to the White House by House and Senate  Tue, 11 Dec 2018 05:17:57 CST
  • Farm Bill Conference Report Text Released- All 807 Pages- With House and Senate Votes Possible This Week  Tue, 11 Dec 2018 05:12:42 CST
  • Slaughter Cows and Bulls Sell Mostly Steady on Limited Tests Monday at OKC West Livestock  Mon, 10 Dec 2018 17:01:24 CST

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Livestock Exchange Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment Tulsa Farm Show Stillwater Milling KIS FUTURES, INC. Oklahoma Cattlemen's Association

    Search OklahomaFarmReport.com

    Find more about Weather in Oklahoma City, OK

       
       
    © 2008-2018 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.