The U.S. Department of Justice has moved to take over management of a troubled Oregon mega-dairy, saying owner Greg te Velde’s continued drug use, gambling, out-of-control spending, and pending criminal charges make him unfit to run the facility.
The dairy, called Lost Valley Farm, is near Boardman. It supplies milk to the Tillamook County Creamery Association, which makes Tillamook Cheese.
The Justice Department is overseeing te Velde’s Chapter 11 bankruptcy, which he filed April 26 to stall a bank foreclosure sale of his cattle.
Since then, te Velde admitted he continued to use methamphetamine and gamble at a California casino once or twice a week, U.S. Trustee Tracy Hope Davis wrote in a July 13 motion. Davis asked a judge to either appoint a separate trustee to manage the dairy’s finances and operations on behalf of creditors, or to dismiss the bankruptcy case.
Read the full story at the Statesman Journal.