The Tractor Everyone Claimed - How One Scam Stole Farmers' Lifetimes
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The Tractor Everyone Claimed - How One Scam Stole Farmers' Lifetimes
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A single tractor with keys on the seat and a lease addendum pressed to its windshield led to a network of lies that siphoned $940,000 from farmers and retirees. Four separate institutions and individuals simultaneously held legal claims on the same John Deere 8370R - so how did one man engineer a fraud that hid $630,000 in phony assets?
In this episode, you will hear the sequence of events from the moment the county surveyor found the tractor through the trail of investor statements, lease filings, and phone calls that reveal how the scheme operated. What systems failed that let one serial number appear on multiple investor schedules and bank filings?
Person: Roy Snyder
Person: Eric York
Person: Alan Weaver
Date: March 4, 2019
Amount: $940,000
- Roy Snyder invested $40,000 in Feltner Ag Solutions in March 2017 and received six quarterly payments totaling $10,800.
- Sandra Pruitt invested $65,000 in the autumn of 2015 and received 14 months of payments before they stopped.
- Eric York raised $940,000 from 11 investors over six years while the actual equipment value never exceeded $310,000.
- The tractor was a John Deere 8370R with serial number 1RW8370RPJH784412, found nose-down in a drainage ditch on Dutton Road.
- At the time the tractor was found, four separate institutions and individuals held legal claims against the same machine.
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