CEDAR RAPIDS, Iowa (AP) – A farmer who owned an Iowa grain brokerage has
pleaded guilty to falsely marketing $140 million dollars’ worth of corn,
soybeans and wheat as “certified organic.”
Sixty-one-year-old Randy Constant of Chillicothe, Missouri, pleaded guilty to
wire fraud Thursday under a plea agreement with federal prosecutors in Cedar
Rapids.
Constant faces a potential prison sentence of 12 years or more, but that could
be reduced at sentencing due to his ongoing cooperation.
The deal calls for Constant to forfeit $128 million, but his lawyer says he’s
broke.
Attorney Mark Weinhardt says Constant’s profit was a tiny fraction of the $140
million in total sales and mostly supported a sustainable fish production
company that has failed.
Weinhardt says Constant “accepts full responsibility” for falsely representing
that grain he sold was organic.
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