EDMONTON, Ky. (AP) — The founder and former chief executive officer of a now-defunct cattle brokerage company out of Indiana has been sentenced to 10 years in prison in a check-kiting scheme.

The Kentucky attorney general’s office says Metcalfe County Circuit Judge Phil Patton on Tuesday ordered 71-year-old Thomas Gibson’s sentence probated to run concurrently with any federal sentence. Gibson, the founder of New Albany, Ind.-based Eastern Livestock, is awaiting a federal case on a mail fraud charge.