Missouri man pleads guilty in $2 million grain fraud

Thursday, August 15, 2013

A southwest Missouri man has pleaded guilty to taking part in a fraud that cost Cargill Inc. $2 million over 10 years.

Thirty-nine-year-old Bob True Beisly III, of Nevada, pleaded guilty Wednesday to wire fraud and mail fraud.

Prosecutors say that in 2002, Beisly and others per- suaded Jeffrey Hobbs to cre- ate scale tickets for fictitious loads of corn delivered to Cargill's mill in Butterfield.

Hobbs weighed each truckload of grain delivered to the mill and printed scale tickets that were sent to Car- gill's headquarters in Min- neapolis for payment to the haulers.

Beisly, who owned K&B Grain, admitted re- ceiving the fictitious scale tickets from Hobbs for de- liveries that were never made to the mill.

Hobbs, of Exeter, pleaded guilty May 20 to wire fraud and is awaiting sentencing.

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