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Randy Constant, 61, faces a potential lengthy federal prison sentence, for a $142 million grain fraud scheme, reports MissouriNet.
Federal prosecutors in Iowa say Constant pleaded guilty in federal court in December to one count of wire fraud.
Constant, who misled customers into thinking they were buying certified organic grain when it was not, is scheduled to be sentenced in Iowa on August 16 and faces a maximum sentence of 20 years in federal prison and a fine of up to $250,000.
