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Feds Uncover Biggest Crop Fraud Ring in the Country

Dozens of agents, adjusters, brokers and farms charged with jail time and restitution in costly $100 million scheme

By Staff Writer, Associated Press | Updated on March 12, 2013

Federal investigators have uncovered the largest crop insurance fraud ring in the country in eastern North Carolina. So far, the massive scheme involves dozens of agents, claims adjusters, brokers and farmers, who have stolen an estimated $100 million, according to the AP.

Forty-one defendants have either pleaded guilty or reached a plea agreement, according to the AP. False insurance claims for tobacco, soybean, wheat and corn losses were filed by farmers using aliases. In cases where crops were not damaged at all, farmers profited directly from sales of written-off harvests.

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