Fresno man gets prison time for $4.8M livestock feed scheme

A Central Valley businessman siphoned off millions of dollars’ worth of livestock feed ingredients, moving them through a logistics company he controlled before the scheme unraveled in federal court.

Richard Best, 72, of Fresno, was sentenced Monday to three years in prison and ordered to pay $2 million in restitution after pleading guilty to his role in a multimillion-dollar canola theft scheme, according to the U.S. Attorney’s Office for the Eastern District of California.

“White collar crime is not victimless; victim companies can be devastated by crimes like these and the price of the commodities they sell can also be impacted,” said Sid Patel, special agent in charge at FBI’s Sacramento office…

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