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Former Stamp Farms owners and operators Michael and Melissa Stamp have pleaded guilty to charges in a bank fraud case connected to the bankruptcy of the 27,000-acre Decatur, MI-based farm.
According to a report at Progressive Farmer, the 2012 bankruptcy case left southwestern Michigan landowners and creditors jolted by what legal experts believe was at the time, the largest grain-farm bankruptcy in U.S. history.
Michael Stamp owned a number of related businesses that were part of the Chapter 11 farm bankruptcy, including the Northstar Grain LLC grain elevator.
Read the full report here.
