KGOU

Oklahoma Beef Council

A long line of cattle are herded into a semi-trailer at Oklahoma National Stockyards in Oklahoma City.
Joe Wertz / StateImpact Oklahoma

A former accountant and compliance officer for the Oklahoma Beef Council faces federal bank fraud and false tax return charges after an probe into suspected embezzlement of more than $2.6 million.

A worker corrals cattle into a chute at Oklahoma National Stockyards in Oklahoma City.
Joe Wertz / StateImpact Oklahoma

Federal authorities are investigating the alleged embezzlement of $2.6 million dollars from an obscure Oklahoma board that promotes the beef industry. The investigation and related lawsuits add to questions about oversight of a national program funded by fees charged to ordinary farmers and ranchers.

On a brisk and busy January morning at the Oklahoma National Stockyards, cattle arrive for auction in trailers pulled by pickup trucks — and leave in double-decker cars towed by semis.

A foreman at the Shirley Ranch helps unload a trailer of Red Angus cattle to winter in a pasture near Alva, Okla.
Joe Wertz / StateImpact Oklahoma

A federal investigation has been launched into the alleged embezzlement of $2.6 million by an employee of an obscure state board that promotes the beef industry, money created by a mandatory government program funded by farmers and ranchers.