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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.
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
4 replies
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= new reply since forum marked as read
Dec 20, 2018:
Seth Nichols, 29, gets 5 years in prison
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
62-year-old Donald Hugh Nichols of Coolidge received a 41-month prison term
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. 