Cody Easterday was ranching royalty in Washington state until he was sentenced to 11 years in prison for swindling two companies out of $244 million. KUOW’s Anna King — host of the Ghost Herd podcast — explains.

This episode was produced by Hady Mawajdeh, edited by Amina Al-Sadi, fact-checked by Laura Bullard, engineered by Paul Robert Mounsey, and hosted by Sean Rameswaram.

Transcript at vox.com/todayexplained  

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