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Hereford cattleman sentenced for making false statements on loan application
Posted: 11.10.2011 at 5:16 PM
0

A Hereford cattleman has been sentenced to 108 months in federal prison for making false statements on a loan application.

Tyler Hostein, who owned and operated J Bar H Cattle Company, was sentenced Thursday by U.S. District Judge Mary Lou Robinson. He will have to spend 108 months in federal prison and pay almost $8.3 million in restitution.

According to a news release, Hostein pleaded guilty in August to one count of making a false statement on a loan application.

J Bar H Cattle Company IS A 10,000 head feedyard operation in Hereford.

This case was investigated by the FBI.

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