From the Alaska Dispatch
Kyle Beus, co-founder and co-owner of Valley Dairy, which does business as Matanuska Creamery, is facing accusations he steered money meant for the dairy operation into his own hands. A six-count indictment filed Tuesday in U.S. District Court in Anchorage charges Beus with wire fraud and false statements used to obtain grant disbursements from the U.S. Department of Agriculture.
He's accused of pocketing at least $120,000 for his own "personal and discretionary use unrelated to the construction and management of the dairy processing facility," but details enumerated in the indictment suggest the amount may be tens of thousands of dollars higher.
Ice cream and cheese products manufactured by Beus's operation are always a popular draw at farmers markets in Anchorage during the summer.
The government alleges Beus abused his status and relationships with several interrelated companies to facilitate the fraud scheme. Simplified, as a dairy manager with the authority to oversee disbursement of federal grants, prosecutors say Beus used grant-awards and contracted companies as a conduit by which to draw and request cash that was never applied toward the dairy's operations. In some cases, none of the money went toward the dairy's operations. In others, some, but not all of the money drawn was properly used.
In the indictment, Beus is accused of carrying out the scheme by sending false or inflated invoices in support of his funding requests.
According to prosecutors, many of the requests came by Beus on behalf of his first company, Klondike Creamery and Candy, which later folded into the Valley Dairy operation. Under one roof on the Palmer-Wasilla highway in Palmer, the business was to be both a dairy processing plant and a manufacturer of dairy products. Other business relationships were formed to provide equipment for the dairy and recycled jugs by which to package the milk for market.
No wonder Sarah has been so quiet lately. Except for her screechings on FOX. Hell she hasn't even ghostwritten much on her Fecebook page either. Let's hope and pray that Beus sings like bird and rats Sarah out.
Someone on IM mentioned Chucky Jr was in on Dairygate too. That's probably why he wrote a book about his sister. Needs money for legal fees. Any truth to it?
This story will be updated as needed.