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Wed Apr 21, 2021, 08:30 PM

Arizona rancher gets 41-month prison term for fraud schemes

TUCSON, Ariz. (AP) — An Arizona rancher has been sentenced to nearly 3 ½ years in federal prison for his role in embezzlement and wire fraud schemes.

Prosecutors said 62-year-old Donald Hugh Nichols of Coolidge received a 41-month prison term after he pleaded guilty to wire fraud in U.S. District Court in Tucson.

Between 2013 and 2017, prosecutors said Nichols engaged in a scheme to steal cattle from the Marana Stockyards and Livestock Market, an entity which hosts weekly livestock auctions for Arizona ranchers.

As a cattle broker for third-party buyers, Nichols also illegally bid on his own cattle without the buyers’ knowledge or consent.

Prosecutors said some of the cattle that Nichols purchased on behalf of third-party buyers were stolen from Marana Stockyards.




https://apnews.com/article/arizona-tucson-978463b78459f49c2b7c9b4051d57546


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Reply Arizona rancher gets 41-month prison term for fraud schemes (Original post)
Ptah Apr 21 OP
Midnightwalk Apr 21 #1
Kali Apr 21 #2
Ptah Apr 22 #3
Kali Apr 22 #4

Response to Ptah (Original post)

Wed Apr 21, 2021, 09:41 PM

1. Modern day cattle rustling

That’s different but fits.

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Response to Kali (Reply #2)

Thu Apr 22, 2021, 11:40 AM

3. I wonder why there were three years between sentencings.

Dec 20, 2018:
Seth Nichols, 29, gets 5 years in prison


Apr 21, 2021
62-year-old Donald Hugh Nichols of Coolidge received a 41-month prison term


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Response to Ptah (Reply #3)

Thu Apr 22, 2021, 01:11 PM

4. I'm not sure as I am so out of the loop

I know some of the Parsons but not real well and we stopped selling that direction when they moved out to Marana. Just got too far for our junky equipment.

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