ADM Indictments NPR's Cheryl Corley reports on today's federal indictment of three former executives of agribusiness giant Archer-Daniels-Midland Co. and a Japanese businessman in connection with a scheme to fix prices for a common feed additive -- part of a scheme that cost customers millions, according to the Justice Department. A federal grand jury in Chicago indicted Michael D. Andreas, former executive vice president and Terrence S. Wilson, head of corn-processing for ADM, and Mark E. Whitacre, a fired ADM executive who was an FBI informant in the case. A Korean company also agreed to plead guilty to related charges and pay a $1.25 million fine for its role in the conspiracy.
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ADM Indictments

Only Available in Archive Formats.
ADM Indictments

ADM Indictments

ADM Indictments

Only Available in Archive Formats.

NPR's Cheryl Corley reports on today's federal indictment of three former executives of agribusiness giant Archer-Daniels-Midland Co. and a Japanese businessman in connection with a scheme to fix prices for a common feed additive — part of a scheme that cost customers millions, according to the Justice Department. A federal grand jury in Chicago indicted Michael D. Andreas, former executive vice president and Terrence S. Wilson, head of corn-processing for ADM, and Mark E. Whitacre, a fired ADM executive who was an FBI informant in the case. A Korean company also agreed to plead guilty to related charges and pay a $1.25 million fine for its role in the conspiracy.