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Man found guilty of bribery and kickbacks in federal court

ALBANY, Ga. — A jury of 10 women and two men at about 2:30 p.m. Friday found Southeastern Farm Brokers owner Joseph W. Jordan guilty on one count conspiracy and three counts of bribing a bank officer.

Jordan stood emotionless as the verdicts, including a not guilty on the second of five counts, were read in U.S. District Court Judge Louis Sand’s Albany courtroom.

While he is facing a possible 35 years in prison, Sands allowed Jordan to remain free on his own recognizance. Jordan must contact probation officers within 72 hours.

A sentence could also have five years supervised release after any time served. Jordan’s fines could total $1 million or three times the amount of his bribes, court officials said.

After the four-day trial, sentencing could be scheduled within two months, stated a court official.

U.S. Attorney Michael Moore stated, “Especially during challenging economic times, we will not tolerate this kind of fraud. The financial system works when we all play by the rules and obey the laws.”

Jordan operated outside the rules, according to the indictments. He was charged with attempting to bribe Larry Malone, chief lending officer at Southwest Georgia Farm Credit. The bribes amounted to more than $440,000 so that Jordan could secure more than $3.4 million in loans from Malone’s organization.

According to Buddy Parker, Jordan’s attorney, there will be an appeal of the verdict.

“As the judge said, this was a difficult and hard case,” Parker said. “There was insufficient evidence to support the verdict and we will appeal.”

Comments

tccvc 1 year, 10 months ago

Where are the asinine comments for this one sister ruby, cartman, kaos, vsu, et.al. chime in

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Cartman 1 year, 10 months ago

Anyone who commits fraud of public funds should serve their time in pink underwear, in a tent, in the heat, performing labor. That's about all the comment, I can muster right now. I'm fixin' to go eat supper.

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Abytaxpayer 1 year, 10 months ago

How about as part of his sentencing he has to attend a school assembly each week of his sentence and stand before the children in his jail clothes and proclaim" I am what you become when you listen to your peers when they say go ahead take it no one will miss it, cause it is only a little amount you are stealing. Yes kids lying, cheating and stealing is how you get to be where I am standing."

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chinaberry25 1 year, 10 months ago

Taxpayer, it ought to be Deerfield because his child went there and he runs with that crowd.

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Cartman 1 year, 10 months ago

Let's get predictions in and see who comes closest. My guess is 8 1/2 years to serve.

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DoctorDorite 1 year, 10 months ago

Just like the auctioneer from a nearby town that got caught bribing Fla. State officials with payments he'll never see a jail cell but if by chance he does it'll be at a federal country club type prison planting flowers or mowing the golf greens for 6 months. Justice American style !

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Sister_Ruby 1 year, 10 months ago

to tccvc........make sure Jordan doesn't sell his Mercedes to a relative for One Dollar prior to heading to the Big House. I have no other asinie comment except that ALL lawbreakers should pay the appropriate penalty regardless of race, creed, religion, sexual orientation, or level of stupidity.

Question: would all persons of all races have gotten the same penalty from a local jury? Just aking.

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Amazed2 1 year, 10 months ago

Wiley Jordan is a typical "High Roller" he wants and flaunts his money which as it turns out to be is really the banks and lending institutions money. He "Lived" in the upper crust of Albany's so called finest if there is such at class here. More and more we find the real story. Wiley could always been seem in the "in crowd" of local business people buying drinks at Henry's. Turns out though he financed all those drinks and had to bribe people just to qualify for the loans. He was definetly in the "in crowd" at DWS. Personal friend witht he highest of highest in the DWS Social Circle. I suspect he was also one of the major contributors each yeat at DWS. At DWS your social status and ranking is determined by how much you give there. He always had free access to the headmaster's office. DWS actually pubishes a ranking for all the parents and others from DWS based on how much you donate each year. Basically if you are struggling to send your kids there and can give only a few extra hundred dollars each year you get listed in the public donation list. I suspect Wiley was in the upper crust of the list since he it is a social ranking class system at DWS. IF you really give a lot you can end up at in the highest status class listed with Nancy Lopez and a few others. Anyway the point is Wiley participated in all the local social networks to further his clout. Turns out though he had to borrow money to keep up with the "Jones". Sad but just another chapter in the sad story of why Albany is sinking.

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43cop 1 year, 10 months ago

If the loans were called in Albany and Dougherty County, I guess we would not have a home in a gated community, a condo on the beach at P.C. and a river front home on Lake Blackshear. You figure out who I am referring to.

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tocar 1 year, 10 months ago

Most of the people I know who are affiliated with Deerfield think they are somebody or want to be somebody. The school is an excellent learning facility, but the majority of the people affiliated (parents etc.) are arrogant, hateful and snooty. They are missing so many of God's blessings of not permitting themselves to associate with the little biddie's of the world. Self-centeredness and arrogance are huge negatives in God's Word. They would run over you before they would speak to you.

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