MEMPHIS, Tenn. — The owner of a Tennessee meat market has been sentenced to four years and three months in prison for running a $1.2 million fraud scheme against a federal food assistance program.
The U.S. attorney’s office in Memphis said Wednesday that 59-year-old Guy Randal Stockard was sentenced Sept. 13. He had pleaded guilty to a charge of defrauding the Supplemental Nutrition Assistance Program, also known as the food stamps program.
Stockard owned Southern Meat Market in Memphis. He bought customers’ food assistance program benefits at a discount in exchange for cash. An indictment says Stockard then redeemed those benefits at full face value.
Prosecutors say the value of the fraudulent transactions was at least $1.2 million.