Owner of East Texas cattle company arrested for hot checks
Sulphur Springs, Texas (KETK) — The owner of a cattle company in East Texas was arrested Friday for stealing cattle through the use of hot checks.
Jacob Thompson, 30, of Pitkin, Louisiana, was arrested by Texas and Southwestern Cattle Raisers Association Special Rangers Toney Hurley and Kent Dowell in Oklahoma then transferred to Sulphur Springs. He was charged with theft greater than 200,000, a first degree felony.
According to Hurley, in October 2013, Thompson tried to purchase 400 head of cattle from the Sulphur Springs Livestock Auction with bad checks totaling more than $300,000.
The suspect is currently in the Hopkins County jail on bond of $200,000. Hurley said he expects more charges to be filed.
Thompson's company, Jacob Thompson Cattle, business address is listed as 2088 FM 10, Carthage, TX.
Thompson faced accusations of being involved in a cattle-selling scheme in 2010, but was found not guilty by a jury, according to the Plainview Daily Herald.