North Dakota
Sale of Ponzi scheme cattle company could benefit burned investors
(North Dakota Monitor)
BY: JEFF BEACH
KILLDEER, N.D. (North Dakota Monitor) – A North Dakota investor says the purchase of a financially-troubled meat company is progressing with a percentage of the profits being used to pay back investors in the alleged Ponzi scheme over several years.
Wylie Bice of Killdeer, who is among those who lost money by investing in Texas-based Agridime, told the North Dakota Monitor that a price has been agreed upon to buy the company.
“Our offer is reasonable,” Bice said.
But several steps remain before the deal can close.
The court-appointed official overseeing the company said in a July 8 update on Agridime.com that federal law requires three separate appraisals for each parcel of property being sold, “which is not a quick process.”
The update did not say a deal has been reached, but when it is, it would be submitted to the court for a 30-day review and objection period before it can close.
Bice said the final agreement would likely include a percentage of the profits of the company be used to pay back investors over a designated period of years.
“There’s always a chance they might get more than they had invested if things go really good,” Bice said.
Investors in several states, including a high-concentration in North Dakota, lost millions of dollars by investing in Agridime. Agridime bought cattle, had them brought up to market weight at feedlots and processed in retail cuts of meat. The company then direct-marketed the beef through its website.
It also sold investments in calves, promising as much as a 30% return on investment without having to do the work of ranching.
The Securities and Exchange Commission in December accused the company of operating as a Ponzi scheme by taking money from new investors to pay off previous investors instead of investing that money into cattle.
The North Dakota Securities Department said a Killdeer-based sales agent, Taylor Bang, earned $6 million in commissions from illegal cattle investment contracts through Agridime.
Bang told the North Dakota Monitor in December that the figure was “way high.”
While it is under investigation, a slimmed-down version of the company has continued to operate as American Grazed Beef.
Bice said that if the deal is approved, he and his partners would likely keep the American Grazed Beef name.
The investments in calves, however, would not be a part of the business plan.
“No, I don’t think they’ll fall for that twice,” Bice said.
Bice, Bang, and other North Dakota investors lost an estimated $40 million in the Agridime scheme.
Overall, investors in at least 15 states are out an estimated $191 million.
The July 8 update also says investors should be notified by the end of the month with a calculation of what they are owed.
Investors will have 30 days to review these calculations and notify the court-appointed receiver of any issues.
“There were approximately 40,325 transactions made by Agridime between 2021-2023, and it took a bit of work in the company’s bank records to determine what amounts were being paid to whom,” the update said.
It also said a motion will be filed with the court outlining the forensic accounting analysis of Agridime between 2021 and December 2023. The motion “will provide insight into the company’s operations during that time period and whether the company was paying returns on older investor contracts with money received from new investors.”
North Dakota
North Dakota tourism sites get $4M after music fest declines funds
Buffalo Chip revs up opening day of 85th annual Sturgis Motorcycle Rally
The Sturgis Buffalo Chip opens with big crowds and high-energy musical performances and vendors.
An agricultural tourism site has been awarded $1.5 million for a planned expansion, part of $4 million in tourism grants announced by the North Dakota Department of Commerce.
The $1.5 million is for the Black Leg Market and Eatery at Sterling, east of Bismarck, which will be part of Black Leg Ranch. The ranch raises cattle and bison and sells meat. It also has a wedding venue, lodging, hunting and a brewery.
The project involves building the Market and Eatery, adding guest cabins and developing full-service RV sites.
The money for the $4 million in the latest round of grants became available after Country Fest, a Morton County music festival, declined the grant money after it decided not to make major changes to the event.
The Department of Commerce opened a new round of Destination Development Grant applications after Country Fest declined.
Other North Dakota grant recipients include:
- Johnny’s Landing – Casselton, $870,000: To develop a lodging and wellness destination with 14 full hookup RV sites, 12 wellness-focused heritage cabins converted from granaries and grain bins, renovated farmhouse lodging, preserved barn space for agritourism and a conversion of a historic wooden water tower into a sauna.
- Great Northern Event Center – Williston, $550,000:To refurbish a historic Main Street property, turning the underground portion of the building into a lounge and other upgrades.
- The Prairie Experience at The Bins – Lakota, $500,000:For construction of the Bins Coffee and Spirits café, developing three grain bin lodging units and other amenities.
- Icelandic Rootshús – Mountain,$300,000: The Icelandic Rootshús is a permanent interpretive center, a welcoming place where this work can be experienced in person through learning, studying, and gathering.
A full list of grant recipients is available on the Department of Commerce website.
North Dakota Monitor is part of States Newsroom, the nation’s largest state-focused nonprofit news organization.
North Dakota
Fire burns at Pallet Green Recycling storage yard in rural Williston
WILLISTON, N.D. (KFYR) – UPDATE (5/10/2026 at 11:45 p.m.): A fire broke out at a Williston recycling business Sunday evening, and no one was injured.
Multiple crews responded to Pallet Green Recycling just before 8:30 p.m., according to the Williston Fire Department. Crews arrived at the scene where they fought heavy smoke and flames.
Industrial storage containers were on scene, and officials say it is unclear what, if any, chemical residue was inside them. Officials believe there is no danger to the public.
Williston Fire Chief Corey Johnson said the fire was contained to the business’s exterior storage yard, and crews were not concerned about it spreading beyond the property.
“Right now, the structures are protected in the area. We’re not concerned about the fire spreading off of the lot,” Johnson said.
Multiple departments from across Williams County responded, and extra water trucks were brought in due to the fire’s remote location.
The cause remains under investigation.
This is a developing story. Your News Leader will provide updates as more information becomes available.
ORIGINAL STORY (5/10/2026 at 9:39 p.m.): Crews responded to a large fire at a storage yard in rural Williston on Sunday night.
The fire is located at Pallet Green Recycling, according to the business owner.
Sylvia Luebke captured video of the scene from a distance around 8 p.m. The fire sent a large plume of smoke over the area. Luebke said it was still burning as of around 9 p.m.
Williston Rural Fire is working to battle the fire. The department was unable to comment at this time.
The cause of the fire is unknown.
Copyright 2026 KFYR. All rights reserved.
North Dakota
ND Guard officer in charge of DC special mission
Submitted Photo
U.S. soldiers with the Nebraska and North Dakota National Guards, assigned to Joint Task Force-District of Columbia in support of the DC Safe and Beautiful mission, pose for a group photo at a hotel in Alexandria, Virginia, April 28. N.D. National Guard 2nd Lt. Caleb Hill, front row, far left, served as the officer in charge of the mission when soldiers assigned to JTF-DC responded to the shooting incident at the White House Correspondents’ Association dinner April 25. About 2,500 National Guard members are supporting the DC Safe and Beautiful mission, providing critical assistance to the Metropolitan Police Department to help ensure the safety of residents, commuters and visitors throughout the District. U.S. Army National Guard photo by Staff Sgt. Thomas Norris.
WASHINGTON – U.S. soldiers with the North Dakota, Arkansas and Nebraska Army National Guard, assigned to Joint Task Force-District of Columbia in support of the DC Safe and Beautiful mission, responded to a shooting incident at the White House Correspondents’ Association dinner (WHCAD) at the Washington Hilton in Northwest Washington April 25.
The Guardsmen were at the WHCAD at the request of the U.S. Secret Service (USSS) as an additional patrol unit created specifically for the event, which celebrates the contribution of news organizations and independent journalists alike who provide notable coverage relating to the presidential administration.
“Our mission was to assist the U.S. Secret Service with crowd control,” said Capt. Kevin Peatrowsky, an operations officer with the Nebraska National Guard (NENG) assigned to JTF-DC.
As the Guardsmen were monitoring their area of operations, they saw USSS agents sprint toward the hotel entrance.
“They were running full speed with their weapons drawn,” said Sgt. 1st. Class Allen Haney, a team member with the Arkansas National Guard. “We immediately followed suit.”
Staff Sgt. Kirsten Confer, a NENG combat medic and battle captain, recalled her response to the incident: “We fell back on our basic training. You run toward danger and move in a way that makes sense for the situation.”
According to Confer, the Guardsmen entered the hotel and immediately began securing the scene and ensured that the guests evacuated safely. At the direction of a federal agent, Confer began a rapid trauma assessment on the suspect which resulted in finding knives and ammunition on the shooter. Simultaneously, the Arkansas soldiers moved outside to provide crowd control at a pedestrian barricade outside the hotel.
“From there, we assisted wherever we could,” said 2nd Lt. Caleb Hill, a National Guardsman from North Dakota who served as the officer in charge for the mission. “We were initially helping with crowd control. After that, we realized that the USSS had begun rerouting everyone in the hotel, so we moved to the doors. We were controlling entry into the venue, so we had moved a couple more people outside, so we had five inside, eight outside.” Both Arkansas and Nebraska worked well alongside one another and, alongside the federal agencies. Hill also noted that relying on his soldiers allowed him to move to different teams, which helped allow him to plan and coordinate with different agencies.
According to 1st Lt. Jonathan Goins, a platoon leader with the Arkansas National Guard, Arkansas soldiers also helped establish a security perimeter for the staging of the presidential motorcade. Later, the team assisted federal agencies and MPD with crowd control, which helped clear the way for the president and administration officials, he said.
“Guardsmen on this mission represent the very best of the nation,” said U.S. Army Brig. Gen. Leland Blanchard II, the interim commanding general of the District of Columbia National Guard. “The world got a brief glimpse, but I see them each day serving and doing amazing things across the District.”
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