Reality Star Steve McBee Sr. Condemns Government Fraud Case Before Prison Sentence
Steve McBee Sr., a reality television star, is set to serve a two-year prison sentence after admitting to participation in a multimillion-dollar crop insurance fraud. He recently described the moment of learning about his sentencing as “sobering.” Initially, McBee thought the investigation into his business would be straightforward, similar to past audits he had experienced over his 33-year career. However, upon consulting with his attorney, he realized the severity of the situation.
Details of the Fraud Case
During the legal proceedings, McBee was offered a plea deal by the government, which he characterized as a “bullying technique.” He was given an ultimatum: plead guilty to one count of providing a fraudulent statement regarding crop insurance, or face charges against a colleague. Ultimately, McBee accepted responsibility for the fraudulent activities as the company owner.
Sentencing and Financial Implications
On October 16, McBee was sentenced to two years at the Federal Prison Camp in Yankton, South Dakota. He was also slapped with an additional two years of supervised release following his time in prison and required to pay over $4 million in restitution to the USDA.
Impact on McBee’s Business
- McBee faced a potential 30 years in prison before negotiating his plea.
- He reports that the company has lost approximately $20 million in loans and has downsized significantly.
- Despite being in agriculture for decades, he emphasizes that the loss of reputation has severely impacted his business operations.
McBee clarified that contrary to public belief, no money was missing. He detailed that his farming operations spanned over 44,000 acres and included rigorous audits by federal agencies. The fraud case stemmed from a discrepancy in planting dates attributed to a single field, which led to the nullification of his entire crop insurance.
Personal Reflections
While facing these challenges, McBee has maintained a positive outlook regarding his family situation, stating that they have never been closer. He expressed confidence in his sons, whom he described as hardworking, and trusts they will manage the business in his absence.
Plans for the Future
As he prepares for his prison sentence, McBee has organized business affairs for his sons and employees, allowing them to take on more responsibilities. He views this as an opportunity for personal growth and leadership for his team. He also plans to enjoy family celebrations ahead of his incarceration.
McBee’s story, alongside the trials he and his family endure, will be captured in the next season of “McBee Dynasty: Real American Cowboys.” This decision to film the experience was made collectively with his family, aiming for transparency with their audience.
Steve McBee remains resolute about overcoming this setback and looks forward to emerging stronger post-sentence, demonstrating resilience in the face of adversity.