Cattlemen seek lessons after $130 million swindle collapse
The Eastern Livestock Co collapse threatens hundreds of ranchers across 30 states with losses averaging about $175000 each. Three lawsuits seek involuntary bankruptcy as regulators question bonding standards and possible escrow protections to ensure cattle payments are secure. Industry voices push for stronger safeguards to prevent similar fraud.
MENTIONED IN THIS ARTICLE
Lubbock
Federal Agriculture
Indiana
Eastern Livestock Co., LLC
Pany
U.S. Department of Agriculture
Eastern
David Scott
Texas and Southwestern Cattle Raisers Association
South
Texas
Oklahoma
Lane Broadbent
Oklahoma City
Broadbent
Two Odessa residents sentenced in separate crime cases
In 161st District Court Judge John Smith sentenced Joe Luis Madrid, 44, of 10 Richmond Court, to eight years in state prison for aggravated robbery after a Jan 22 attempt at Lowe's Supermarket. He displayed a knife during the theft and struggled with an employee. Olivia Flores, 45, of 600 Honeysuckle Ave., received six years for burglary after taking a laptop, cell phone and other items totaling 835 dollars on July 20 in the 1500 block of East Fifth Street.
MENTIONED IN THIS ARTICLE
Odessa
John Smith
161St
Smith
Joe Luis Madrid
Richmond Court
Lowe's
42Nd St
Madrid
Olivia Flores
Honeysuckle Ave
East Fifth Street
List of Felony Crimes Reported to Police Odessa
A community crime roundup lists aggravated assault, assault, burglary, burglary of a building, criminal mischief and evading arrest cases in Odessa and nearby areas. Incidents include a beer bottle assault on East Eighth Street, a deadly weapon threat on Graham Avenue, domestic choking on North Grandview, and burglaries around Murphy USA on Northwest Loop 338 and La Casp Drive. Police also note property losses including gum, energy drinks, clothing, luggage, tires, rims, and a television with associated damages.
MENTIONED IN THIS ARTICLE
East Eighth Street
North
Golder Avenue
Graham Avenue
Also Mentioned on This Page
Kevin McCarver
East 7Th St
Medicaid & Chip Provider
Teesday
A. A. Teesday
9-1-1
Grandview Avenue
Murphy USA
Northwest Loop 338
la Casp Drive
Taylor Petroleum
West County Roade
Odesse
West 42Nd Street
Southbrook
Wilson Street
Rocky Lane
North Adams Avenue
Eddie Hernandez Palma
Tom Green Ave
Ector County Detention Center
Greenville
Cnn
Cea
CRP
Rst
Tohe
Wendoes Boys & O
Feeane
Et Byars
Eibagerert
Tina
Bass
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