AGRIDIME RECEIVERSHIP

A federal grand jury in Fort Worth has indicted brothers Jason Link and Joshua Link on charges tied to an alleged scheme involving Agridime and a Kansas ranch operation known as Shady Brook Ranch.

The government alleges in the indictment that the Links caused Agridime to pay millions of dollars to Shady Brook Ranch for cattle “feed and care” services that were either already being provided by another entity or were never legitimately owed in the first place. The indictment claims the defendants used inflated invoices and misleading payment requests to direct company funds into a ranch account controlled by Jason Link.

Federal prosecutors say the scheme ran from late 2021 into early 2024 and resulted in more than $2.6 million in losses to Agridime. The indictment also alleges some of the money was used for personal expenses, including construction of a large home in Kansas and the purchase of a Hummer H2.

The charges include conspiracy to commit wire fraud, substantive wire fraud counts tied to specific bank transfers, and money laundering allegations connected to payments for construction and materials. Trial in this case is set for September 21, 2026, the same day that Josh Link and three other remaining defendants are scheduled to begin trial on the underlying Agridime matter alleging the operation of a multiyear Ponzi scheme at the company.

The criminal trial against five defendants charged with federal crimes in Fort Worth, Texas, regarding the operation of the Agridime Ponzi scheme is now set to begin on Monday, September 21, 2026, before U.S. District Judge Mark T. Pittman.

On May 1, 2026, the receivership filed its ninth quarterly report with the U.S. District Court. It is attached here.

Former Agridime CEO Jed Wood plead guilty to one count of wire fraud on March 25, 2026, an offense that carries a potential sentence of up to 20 years’ imprisonment. The facts underlying Mr. Wood’s plea of guilty, which are admitted as true by Mr. Wood, are contained in a factual resume that is posted below. Mr. Wood’s sentencing is currently set for July 9, 2026, but that may be continued given that the criminal trial of the remaining four defendants is not set to take place until September 2026.

On March 11, 2026, the grand jury in Fort Worth, Texas, true billed a 14-count superseding indictment against the five defendants charged with federal crimes in the Agridime case. This superseding indictment expands upon the earlier indictment in the case by adding additional details about the alleged offenses. The superseding indictment is attached here.

A federal grand jury in Fort Worth has returned a 14-count indictment against the five individuals previously charged by criminal complaint. U.S. District Judge Mark T. Pittman has set a trial date of March 23, 2026, in the case. The indictment is attached below.

Josh Link, who has been charged by criminal complaint in Fort Worth federal court with conspiracy to commit wire fraud, has been added to the FBI’s Most Wanted list. The list can be found here: Most Wanted — FBI.

The government has sought the arrest of five individuals in connection with the Agridime matter — Jed Wood, Josh Link, Tia Link, Taylor Bang, and Royana Thomas. The government generally has 30 days after an individual’s arrest to take their case to a grand jury to seek an indictment. The allegations of the criminal complaint are below.

Attached below is the Receivership’s quarterly report for the period October 1, 2025 through December 31, 2025, which was filed with the Court last week.

On December 18, 2025, the Receivership filed a lawsuit in Fort Worth federal district court against the North Dakota investment group that signed a asset purchase agreement with the Receivership to purchase the assets of Agridime/American Grazed Beef but failed to close the transaction. The lawsuit is attached below.