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Virginia Farm Implement Dealer Faces Fraud Charge

Source: Associated Press, WTKR-TV

NORFOLK, Va. (June 19, 2010) - The former owner of a Smithfield, Va., farm equipment company has been charged with obtaining more than $1.7 million in loans in the names of friends and customers.

Sixty-year-old Linda Rowland appeared in federal court in Norfolk on Friday
and was released until her next court appearance July 2. If convicted of
wire fraud, she could face up to 20 years in prison.

According to an FBI affidavit, Rowland admitted taking out bogus loans on
nonexistent equipment because the business she owned with her husband was failing. Their sons now run the Rowland Equipment Co.

Linda Rowland's attorney, Andrew Protogyrou, said in court that his client
has been suffering from severe mental health issues.

Posted June 20, 2010

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