Fresno executive arrested for defrauding farmers and ranchers out of millions: DOJ

FRESNO, Calif. (KSEE/KGPE) – A Fresno executive was arrested outside his office Monday morning for allegedly defrauding local farmers and ranchers of tens of millions of dollars.

The US District Attorney’s Office identified him as 58-year-old Ron Cook, owner of Corporate America Lending (CAL), the Fresno-based lending company that creates loans for agriculture workers and makes money by selling the interest…

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