Charges: Woman ripped off over $100k in federal loans meant for farmers

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A Verndale, Minnesota, woman employed by a federal agency responsible for distributing loans to farmers is accused of stealing over $100,000 dollars from it, the U.S. Attorney says.

According to a press release, Michelle Richter has been charged in a federal court with swindling money while working as a Program Technician at the Farm Service Agency (FSA) in Wadena.

The release says Richter, who processed loan applications at the FSA, broke "conflict of interest" rules by entering 16 applications in the name of her husband, giving false information about the amount of crops on her family's farm while doing so.

Furthermore, officials say she stole and then used a colleague's computer username and password to approve her own loans.

The 43-year-old is charged with 16 counts of "theft of public money," and 7 counts of computer fraud.

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