BATON ROUGE, La. — On Monday, a Franklin Parish man was arrested for fraud in connection to the sale of 237 head of cattle valued at more than $272,000.
According to the Louisiana Department of Agriculture and Forestry (LDAF), 75-year-old David Rhodes is charged with one count of disposal of property (livestock) with fraudulent or malicious intent.
LDAF Brand Commission inspectors said the investigation resulted from a complaint by a financial institution where Rhodes took out a loan in September 2013 to buy cattle but never repaid the loans when he sold the cattle.
Rhodes bond has been set at $2,500.
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