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The federal government has weighed in ahead of Steven McBee Sr.’s sentencing.
In a memo filed on Oct. 6, prosecutors asked the judge overseeing the McBee Dynasty star’s case, U.S. District Court Judge Stephen R. Bough, to sentence McBee to 41 months in prison for his involvement in a multi-million dollar crop insurance fraud case.
Following the prison time, the memo requested “three years’ supervised release, a mandatory restitution order of $4,022,124, a forfeiture money judgment, and an order imposing the mandatory $100 special assessment.”
McBee’s sentencing is scheduled for Thursday, Oct. 16. It has been rescheduled several times since its initial March date.
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In November 2024, the Bravo star, 52, pled guilty to a fraud scheme involving the receipt of federal crop insurance benefits that he was allegedly not authorized to get.
McBee — who is the owner of McBee Farming Operations based in Gallatin, Missouri — was charged with one count of federal crop insurance fraud. His guilty plea serves as an admission that he “engaged in fraudulent activity from 2018 to 2020 that caused an economic loss to the U.S. Department of Agriculture,” according to a DOJ press release.
McBee admitted to making a false report to Rain and Hail, a company reinsured by the Federal Crop Insurance Corporation, per the press release, and confessed to sending “fraudulent documents to Rain and Hail that underreported his total 2018 corn crop by approximately 674,812 bushels and underreported his total 2018 soybean crop by approximately 155,833 bushels.”
The falsified reports allowed McBee to receive $2,605,943 in federal crop insurance benefits in addition to $552,980 in federal crop insurance premium subsidies. In total, he received $3,158,923 in benefits he was not authorized to get.
The DOJ claimed the government’s total loss was $4,022,123 as a result of McBee’s fraud — which is how much the prosecutors recommended McBee be ordered to pay in restitution in the Oct. 6 memo.
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In September, the father of four was ordered to turn in three of his designer watches while he awaits sentencing, according to documents obtained by PEOPLE.
The order cited a U.S. code that allows a court to forfeit “all property, real and personal, constituting, or derived from, proceeds traceable to the offenses, directly or indirectly, as a result of the violations alleged.”
Per the filing, “The United States has located assets belonging to the defendant Steve A. McBee that were not directly obtained through the offenses alleged in the Information.”
The watches that were collected included one Tag Heuer Formula 1 watch, a Tag Heuer Grand Carrera watch and a Rolex Daytona watch “as substitute assets in partial satisfaction of the money judgement” he owes.
