North Dakota man pleads guilty in cattle Ponzi scheme; state license revoked

By: Jeff Beach

Outlets: North Dakota Monitor

Published: October 5, 2026

Words: 465

Last Updated: 1 week, 5 days ago

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A North Dakota cattle broker has pleaded guilty to a charge stemming from an investigation that found a beef marketing company operated as a Ponzi scheme.

Taylor Bang of Killdeer pleaded guilty Sept. 9 to one count of conspiracy to commit wire fraud in U.S. District Court in Texas, according to court records.

Sentencing has been set for Jan. 7. The maximum sentence could include up to five years in …

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