Bellevue, IOWA – According to the court documents, his name is Brian Robert Detwiler and he pleaded guilty to one count of conversion of property pledged to a farm credit agency.
Prosecutors say the 26-year-old defendant admitted he got a $50,000 U.S.D.A. loan to buy cattle and then used some of the money for work on his house, gambling, food and alcohol.
According to the court documents, the defendant bought 35 head of cattle for $32,000.
Detwiler then sold 22 head for a profit and used the money in casinos, prosecutors say.
This story will be updated as new information become available.