A Bryan College Station woman has been indicted for a $5 million cattle scam.  This seems pretty strange to me, considering none of the cattle ranchers I know aren't that well off.

Lisa Camarillo Smith bilked 160 investors out of the money; she was charged with 26 different federal fraud counts, with each charge a possible 20 years in federal prison and a $250000 fine.

She pretended to be a post-doc at Texas A & M doing genetic research, and purchasing fake cattle from the King Ranch and three other ranches for $600 per head ($600 per head from the KING RANCH, what a loon!).  She isn't a student at TAMU, and never purchased cattle from any of the ranches she told the investors about.

Frankly, investors in any kind of genetic research need to contact the institution for bona fides before handing over any money.  But then, these people thought King Ranch sold cattle at $600 per head....