North Dakota man pleads guilty in cattle Ponzi scheme; state license revoked

States Newsroom · October 5, 2026

A North Dakota cattle broker has pleaded guilty to a charge stemming from an investigation that found a beef marketing company operated as a Ponzi scheme. Taylor Bang of Killdeer pleaded guilty Sept. 9 to one count of conspiracy to commit wire fraud in U.S. District Court in Texas, according to court records…

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