A Wagoner man pleaded guilty to selling cattle that were not his, according to a media release from the U.S. Attorney’s Office.
Sherrod A. Hornbuckle, 35, pleaded guilty Thursday to a criminal information charging him with disposal of mortgaged property and perjury.
Charges arose from an investigation by the United States Department of Agriculture, Office of Inspector General.
The information alleges that between about Sept. 15, 2009 to about April 4, 2010, Hornbuckle sold cattle that were mortgaged through the U.S. Department of Agriculture - Farm Service Agency.
Steven P. Shreder, magistrate judge, accepted Hornbuckle’s guilty plea, and ordered the completion of a presentence report. Upon completion of the report, sentencing will be scheduled.
Hornbuckle remains on bond, pending sentencing.
The statutory range of punishment is not more than five years imprisonment and/or up to a $250,000 fine.