Massive Ponzi Scheme Unveiled in Kentucky: Cattle Operations Seek $122 Million in Unpaid Sales

At least 96 cattle operations and individuals have filed claims totaling over $122 million with the U.S. Department of Agriculture (USDA) against a west Kentucky farm and its associated feed yards. The farm is accused of orchestrating a Ponzi scheme that has left numerous sellers unpaid and facing substantial losses. Progressive Farmer magazine published a report detailing the escalating claims under the Packers and Stockyards Act