Overview

• A federal judge ordered Steven McBee Sr. to surrender a Rolex Daytona and two Tag Heuer watches as substitute assets toward a money judgment, court records show.
• His sentencing for federal crop insurance fraud has been delayed for a fourth time and is now set for October 16, 2025.
• McBee pleaded guilty in November 2024 to falsifying crop reports from 2018 to 2020, with DOJ filings citing a $4,022,123 government loss and seeking $3,158,923 in forfeiture and restitution.
• DOJ documents detail that he underreported 2018 yields by about 674,812 bushels of corn and 155,833 bushels of soybeans, enabling more than $3.1 million in benefits and subsidies.
• Separately, a court judgment shows McBee Family Farms and Steven A. McBee defaulted on a Rabo Agrifinance loan for $1,171,000 in principal plus accrued interest, as collection efforts continue.