2 Eastern Livestock officials sentenced to prison

Published



One of the founders of defunct cattle broker Eastern Livestock was sentenced Tuesday to almost six years in federal prison and the former chief financial officer was sentenced to nearly five for their roles in a $32 million check kiting scheme.

U.S. District Judge Thomas B. Russell also ordered company founder Thomas “Tommy” Gibson and CFO Michael Steven McDonald to two years of probation. Gibson and McDonald pleaded guilty to mail fraud in January.

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.