Farm Operating Loan Fraud
Although the American economy has shifted through the last century to an economy more dependent on industrial and technological markets, America’s farmers still play an important role in keeping the economy balanced. Farm ownership and operation costs can be prohibitively high, especially with today’s high-powered machinery used in the sowing and harvesting processes, so the federal government established the Farm Service Agency to assist farmers with their financial needs. Unfortunately, there are some who seek and use these funds in an improper manner.
If you have information that could assist a whistleblower suit, contact the farm operating loan fraud attorneys of Tycko & Zavareei, LLP, by calling 202-973-0900 to learn more about your rights under qui tam law.
Methods of Fraud
While one would hope, when making any sort of business transaction, that both parties would treat each other with respect and fairness, this is not always the case. Fraudulent details or practices may be used in order to secure more money or conceal third-party interactions when filing for financial assistance with the Farm Service Agency. This sort of behavior can manifest in the following ways:
- Lying about personal information
- Lying about financial history or status
- Lying about farm-specific details
- Working through a third-party to fraudulently gather funds
The Farm Service Agency, as an extension of the federal government, uses public money to support American farmers when they need a loan to maintain or start up their farm. However, abuses with these loans not only harm the FSA and the farmers that rely on it, but affect the entire taxpaying range of citizens.
Contact Us
Considering that federal loans come from the federal government, which is funded by federal taxes, one does not have to go very far to realize who is really cheated when someone defrauds the government. Your information could be useful in protecting taxpayers across the country. For more information, contact the farm operating loan fraud lawyers of Tycko & Zavareei, LLP. at 202-973-0900.
