This deception was used to secure a $35 million loan and maintain a line of credit for the struggling business.
Rubashkin directed employees to create fake invoices to trick First Bank into believing the company had more revenue than it actually did. The SlaughterhouseAmerican Greed : Season 5 Epi...
Rubashkin’s legal troubles began after a massive in May 2008, where nearly 400 undocumented workers were arrested at the Postville, Iowa, plant. While investigating the company following the raid, a court-appointed trustee discovered a massive financial scheme: This deception was used to secure a $35
Prosecutors successfully argued that Rubashkin used the fraudulently obtained funds to keep the plant running while hiding its true financial health. Legal Outcomes & Controversy American Greed Season 5 Episodes - TV Guide The SlaughterhouseAmerican Greed : Season 5 Epi...