The McBee Dynasty star Steven “Steve” McBee has pleaded guilty to a multimillion-dollar fraud scam using federal crop insurance.
In accordance with a November 5 press release from the U.S. Attorney’s Office Western District of Missouri, McBee, 52, was charged with one count of federal crop insurance fraud. The McBee Farming Operations owner allegedly received insurance advantages he was not authorized to get. McBee waived his right to a grand jury.
The federal government claimed that McBee made a false report back to insurance provider Rain and Hill in 2018. In accordance with the DOJ, McBee under-reported his “corn crop by roughly 674,812 bushels” and “his total 2018 soybean crop by roughly 155,833 bushels.” After providing the false total, he received greater than $2.6 million in federal crop insurance advantages plus a further $552K in federal crop insurance premium subsidies.
McBee admitted that his farm sold “greater than 1.2 million bushels of corn and nearly 416,000 bushels of soybeans” to a different party that very same 12 months. McBee’s crop insurance records stated that his operation “produced only 340,476 bushels of corn and 190,171 bushels of soybeans.”
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The DOJ claimed that McBee committed additional fraud in 2019 and 2020. In 2019, McBee obtained insurance for his soybean crop after “misrepresenting” that the vegetables were “the primary crop in certain fields,” but he was allegedly already using the space to grow wheat as well. By selecting to double crop, McBee was “not entitled” to the claim.
The next 12 months, McBee got crop insurance through NAU Country Insurance. The truth star allegedly planted corn after the last planting date in 2020. He subsequently gave the provider “false plant dates” to fraudulently obtain a brand new policy.
As a part of the plea arrangement, McBee was ordered to pay restitution, which can be determined by the court. The federal government claimed they lost greater than $4 million. It’s estimated McBee must forfeit a bit of over $3.1 million to the federal government.
McBee is currently facing as much as 30 years in federal prison without parole. His sentencing will happen after the US Probation Office completes its investigation.
McBee rose to fame on the series The McBee Dynasty: Real American Cowboys, which premiered on Peacock in March. The show follows McBee’s day-to-day life as he operates the McBee Farm and Cattle in Gallatin, Missouri, alongside his family, which incorporates sons Steven Jr., Jesse and Cole. The McBee Dynasty was renewed for season 2 earlier this 12 months.
