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By Associated Press
January 31, 2018
Curly Courland Photografy—Getty Images

(MEMPHIS, Tenn.) Prosecutors in Tennessee say the owner of a meat market has been charged with running a $1.2 million fraud scheme against a federal food assistance program.

The U.S. attorney’s office in Memphis said Tuesday that 59-year-old Guy Randal Stockard has been charged with defrauding the Supplemental Nutrition Assistance Program, also known as the food stamps program.

A Jan. 11 indictment says Stockard owned Southern Meat Market in Memphis. Prosecutors say he bought customers’ food assistance program benefits at a discount in exchange for cash. The indictment says Stockard then redeemed those benefits at full face value.

Prosecutors say the value of the fraudulent transactions was at least $1.2 million.

Stockard faces up to 20 years in prison if convicted. Online court records do not show if he has a lawyer.

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Our content is free because our partners pay us a referral fee if you click on links or call any of the phone numbers on our site. If you choose to interact with the content on our site, we will likely receive compensation. If you don't, we will not be compensated. Ultimately the choice is yours.

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