Local producers are concerned about a cattle fraud scheme that possibly could impact sales at the Stratton sales barn.
A story in the Stonewall Argus and Teulon Times in Stonewall, Man. last Monday noted Ronald Samuel Way, 50, of Orangeville, Ont. had been charged with multiple counts of false pretences in a cattle fraud scheme that totals more than $600,000 in bunk payments.
It indicated the suspect, a cattle dealer, had entered into an agreement with Teulon-based Jeff McSherry Livestock Farms in 2009.
The suspect agreed to buy about $600,000 worth of cattle over the course of six transactions, paying with cheque, but the cheques bounced.
Murray McDonald, president of the Rainy River Cattlemen’s Association, noted McSherry is one of the main cattle buyer at the Stratton sales barn.
“If this puts [McSherry] under, it would affect us in the fact that we’d lose a buyer and that would impact us, for sure,” he stressed.
According to the Stonewall Argus and Teulon Times’ article, the 724 head of cattle sold to the accused are now lost.
Way is due to appear in court in Stonewall on Aug. 20.