Wagoner Man Pleads Guilty To Disposal Of Mortgaged Cattle
Muskogee, Oklahoma - The United States Attorney’s Office for the Eastern District of Oklahoma, announced that SHERROD A. HORNBUCKLE, age 35, of Wagoner, Oklahoma, pled guilty to an Information charging him with Disposal of Mortgaged Property, in violation of Title 18, United States Code, Section 371.
Charges arose from an investigation by the United States Department of Agriculture, Office of Inspector General.
The Information alleges that during the period of on or about September 15, 2009 to on or about April 4, 2010, within the Eastern District of Oklahoma, the defendant knowingly and with intent to defraud, did willfully conceal, remove, dispose of, or converted to his own use certain property, to-wit: cattle, having a value in excess of $1,000.00, and which was, at the time of said disposition, mortgaged, pledged to and held by, United States Department of Agriculture - Farm Service Agency.
The Honorable Steven P. Shreder, Magistrate Judge in the United States District Court for the Eastern District of Oklahoma, accepted the defendant’s guilty plea, and ordered the completion of a presentence report. Upon its completion, sentencing will be scheduled. The defendant remains on bond, pending sentencing.
The statutory range of punishment is not more than 5 years imprisonment and/or up to a $250,000.00 fine.
Assistant United States Attorney Ryan Roberts represented the United States.