Corsica farmer gets more than 7 years prison time for cattle ‘ponzi’ scheme

Investigates

SIOUX FALLS, S.D. (KELO) — KELOLAND News is following a federal case involving a Corsica farmer. 

Robert Blom is accused in one of the biggest cases of cattle fraud ever in South Dakota. On Thursday, he was sentenced to 91 months in prison and ordered to pay $24 million in restitution.

Robert Blom.

He originally faced state charges, but ended up being indicted in federal court on more than 30 counts of fraud and money laundering.  He made a plea deal with prosecutors and his sentencing got underway this morning. KELOLAND’s Angela Kennecke was in the courtroom listening to the testimony. 

She’ll have an update on this KELOLAND News investigation – which we’ve been following since 2019 – tonight on KELOLAND News.

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