{
  "id": 19886284,
  "title": "Texas brothers convicted in $240m cattle scheme that defrauded 2,200 people",
  "url": "https://urgent.news/2026/11/13/texas-brothers-convicted-in-240m-cattle-scheme-that-defrauded-2-200",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-13T23:30:00.000Z",
  "source": {
    "name": "Times of India",
    "slug": "times-of-india",
    "url": "https://timesofindia.indiatimes.com/world/us/two-brothers-in-texas-have-been-convicted-for-a-240-million-cattle-investment-scheme-that-defrauded-more-than-2200-people-prosecutors-say-that-investors-money-also-paid-for-a-1-5-million-luxury-home-in-kansas/articleshow/135771740.cms"
  },
  "original_language": "en",
  "account": "Two Texas brothers, Joshua and Jason Link, have been convicted in a $240 million cattle investment fraud that defrauded over 2,200 people. The scheme was run by the Fort Worth-based company Agridime LLC, which falsely claimed to use investors' money to buy, raise, and process cattle for profit. Instead, the defendants diverted funds to personal expenses and salaries for themselves and others involved in the operation. The conviction followed a six-day trial before U.S. District Judge Mark T. Pittman, and Joshua Link was sentenced to 20 years in prison, while Jason Link faces a similar sentence. Both could also face restitution payments and other financial penalties. The investigation was conducted by the FBI's Fort Worth Resident Agency and the Office of Inspector General at the U.S. Department of Agriculture.",
  "summary": "Convicted of a fraudulent cattle investment scheme, Joshua and Jason Link swindled over 2,200 investors, misleading them into thinking their money was turning into cattle purchases. Their actions resulted in colossal financial damages, as they raised more than $240 million through non-existent contracts. Investigations uncovered that funds were misused for personal luxuries rather than fulfilling…",
  "key_points": [
    "Joshua and Jason Link convicted for $240M cattle fraud",
    "Agridime LLC falsely claimed cattle profits, diverted funds",
    "Joshua sentenced to 20 years, Jason faces similar term"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}