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A prominent northwest Missouri businessman and former school board member will spend the next 10 years in federal prison for a $142 million grain fraud scheme, after being sentenced Friday afternoon in U.S. District Court in Cedar Rapids, IA.
Assistant U.S. Attorney Anthony Morfitt tells MissouriNet that Randy Constant, 61, was sentenced on Friday. Constant had faced up to 20 years in prison.
Constant pleaded guilty in federal court in Iowa in December to one count of wire fraud.