Man on FBI’s ‘Most Wanted’ list for allegedly defrauding investors out of $220 million

(KWCH/Gray News) - A man from Missouri is wanted by the FBI for allegedly defrauding multiple investors out of $220 million in a nationwide scheme.

Joshua Link is the only person among five people federally indicted for their involvement in the scheme. The U.S. Department of Justice says the fraud scheme involved cattle purchase contracts.

The indictment says that the five people involved in the scheme were all associated with Agridime LLC, a business out of Fort Worth, Texas, that offered cattle sales, meat processing and retail services to the public.

The business allegedly told cattle purchasers, ranchers and feedlots that it would use their funds to purchase specific cattle, raise them and sell the meat for an investment return of 15% to 32%.

In reality, the funds were not used as promised. Instead, the funds were used to pay Agridime operating expenses, cover personal expenses and buy property.

The group allegedly collected more than $220 million from more than 2,200 victims throughout the U.S.

Link is 6-foot-1 with brown hair and blue eyes. He has ties to Illinois, Arkansas, Arizona, Colorado and Kansas. Tips can be submitted online.