Farmer Steve McBee Pleads Guilty to Insurance Fraud
Farmer Steve McBee Pleads Guilty to Insurance Fraud
Farmer Steve McBee Pleads Guilty to Insurance Fraud
News summary

Steve A. McBee, a 52-year-old farmer from Gallatin, Missouri, and star of the reality TV series 'The McBee Dynasty: Real American Cowboys', pleaded guilty in federal court to a multimillion-dollar crop insurance fraud scheme. McBee admitted to engaging in fraudulent activities between 2018 and 2020 that resulted in a total loss of $4,022,123 to the U.S. Department of Agriculture. He submitted false reports to Rain and Hail, underreporting his corn and soybean crops, which enabled him to collect over $2.6 million in insurance benefits and $552,980 in premium subsidies. McBee must forfeit $3,158,923 and faces up to 30 years in federal prison without parole. The court has not yet set a sentencing date. McBee's fraudulent actions also included misrepresentations in 2019 and 2020 regarding the crops planted on his fields.

Story Coverage
Bias Distribution
50% Left
Information Sources
bfb2a97b-336e-48d9-b69a-147df7862dc2
Left 50%
Coverage Details
Total News Sources
2
Left
1
Center
0
Right
0
Unrated
1
Last Updated
6 days ago
Bias Distribution
50% Left
Related News
Daily Index

Negative

21Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage

Related Topics

Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Related News
Recommended News