Easterday selling off WA land worth millions before going to prison for ‘ghost cattle’ fraud

 

Kristin M. Kraemer, Tri-City Herald

via Walla Walla Union-Bulletin (WA) - Oct 7, 2021

 

Sentencing for the former head of an Eastern Washington agriculture conglomerate has been delayed nearly four months while he continues to work through bankruptcy by offloading properties.

 

Cody A. Easterday, 50, had been scheduled to face a federal judge Tuesday for his wire fraud case.

 

But after a request from Easterday’s criminal defense attorney to postpone the hearing until at least mid-January, Chief Judge Stanley A. Bastian agreed to hold off on sending the bankrupt cattleman to prison.

 

Carl J. Oreskovich, in his motion filed in U.S. District Court, said the “continuation is based upon the need for Mr. Easterday’s continued participation in the Easterday Farm/Ranches bankruptcy and liquidation of properties.”

 

He added that the bankruptcy case is complex and requires Easterday’s constant assistance and cooperation so the liquidated assets can be surrendered and delivered before year’s end.

 

“Mr. Easterday, along with his mother and wife, have entered into a cooperation agreement with debtors and creditors in the bankruptcy, whereby their respective individual real property was combined with the bankruptcy estate’s property and sold for the purpose of providing proceeds to creditors,” Oreskovich wrote in his motion.

 

“It is in the best interest of all creditors to...

 

$244 million restitution ...

 

‘Ghost’ cattle scam ...

 

more

https://www.union-bulletin.com/news/northwest/easterday-selling-off-wa-land-worth-millions-before-going-to-prison-for-ghost-cattle-fraud/article_1071684e-27cb-11ec-a522-371885e87094.html