Sarcoxie man pleads guilty in scheme to sell cooking oil stolen

Sarcoxie man pleads guilty in scheme to sell cooking oil stolen from restaurants

Updated:

A Sarcoxie, Missouri man plead guilty today to taking part in a scheme to sell around $243,000 in stolen cooking oil that was intended for recycling.

Jesse Arnold, 46, operated a collection facility in Sarcoxie called 4 States Grease Company and admitted paying for what he believed was stolen cooking oil from various drivers in the Four States to evade reporting requirements.

Arnold wrote checks to "Cash" for $9,000, below the $10,000 amount banks are required to report under federal law.

Arnold faces up to 10 years in prison plus a fine of up to $500,000.

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Sarcoxie man pleads guilty in scheme to sell cooking oil stolen - KOAM TV 7

Sarcoxie man pleads guilty in scheme to sell cooking oil stolen from restaurants

Local NewsMore>>

Man Dies in Saturday Morning Collision

Man Dies in Saturday Morning Collision

Pittsburg Men Charged with Attempted Mail & Wire Fraud

Pittsburg Men Charged with Attempted Mail & Wire Fraud

Pittsburg Karate Tournament

Pittsburg Karate Tournament

Joplin Aids Oklahoma

Joplin Aids Oklahoma

Grove woman dead; man in hospital, following double shooting

Grove woman dead; man in hospital, following double shooting

Boat renters can expect high gas prices this weekend on the lake's as well

Boat renters can expect high gas prices this weekend on the lake's as well

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