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Alleged Ponzi scheme leaves farming community with questions

(photo: Matt Sepic/KWMU)

By Matt Sepic, KWMU

http://stream.publicbroadcasting.net/production/mp3/kwmu/local-kwmu-851668.mp3

Mexico, Mo. – A rural community in central Missouri has learned the hard way that multimillion dollar fraud schemes are not just a Wall Street problem.

Missouri prosecutors say a grain dealer stole tens of millions of dollars from farmers in a classic Ponzi scheme. And the ordeal has many farmers rethinking their business culture.

KWMU's Matt Sepic reports.

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