Ag industry watches cattle Ponzi scheme, crop insurance change episode artwork

EPISODE · Feb 20, 2026 · 16 MIN

Ag industry watches cattle Ponzi scheme, crop insurance change

from A Closer Look with the Monitor · host Craig Blumenshine

A North Dakota man is among five people facing federal criminal charges related to investments in a cattle and beef marketing company that was determined to be a Ponzi scheme. North Dakota Monitor deputy editor Jeff Beach talks to Craig Blumenshine, producer and host of Prairie Public’s Main Street, about the latest development in the fraud case estimated to have cost investors $220 million.North Dakota was at the epicenter of that case, with about 150 investors who were affected, officials have said.Jeff also discusses his recent reporting on a key federal crop insurance option that North Dakota farmers won’t have this spring.

A North Dakota man is among five people facing federal criminal charges related to investments in a cattle and beef marketing company that was determined to be a Ponzi scheme.  North Dakota Monitor deputy editor Jeff Beach talks to Craig Blumenshine, producer and host of Prairie Public’s Main Street, about the latest development in the fraud case estimated to have cost investors $220 million. North Dakota was at the epicenter of that case, with about 150 investors who were affected, officials have said. Jeff also discusses his recent reporting on a key federal crop insurance option that North Dakota farmers won’t have this spring.

NOW PLAYING

Ag industry watches cattle Ponzi scheme, crop insurance change

0:00 16:58

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Frequently Asked Questions

How long is this episode of A Closer Look with the Monitor?

This episode is 16 minutes long.

When was this A Closer Look with the Monitor episode published?

This episode was published on February 20, 2026.

What is this episode about?

A North Dakota man is among five people facing federal criminal charges related to investments in a cattle and beef marketing company that was determined to be a Ponzi scheme. North Dakota Monitor deputy editor Jeff Beach talks to Craig Blumenshine,...

Can I download this A Closer Look with the Monitor episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!