A California man was arrested
in Texas last month after being suspected of investment fraud, embezzlement and
cattle theft. Drovers Cattle Network reports Justin Tyler Greer, 36, is
suspected of defrauding seven victims out of $1.5 million. The investigation
began in June 2017 when the victims claimed to be coming up hundreds of head
short. Investigators say cattle owned by investors were illegally sold and
moved to Colorado and Wyoming. A California law enforcement official called the
scheme “21st Century cattle rustling and embezzlement at the highest level.”
Greer managed cattle owned by ranchers in California, Wyoming and Colorado, and
allegedly failed to meet finical obligations in April and May, raising flags
for his customers. The U.S. Forest Service is also investigating the case of
the cattle in Wyoming in a parallel criminal investigation because cattle were
being grazed without the proper permits.