A 50 year-old salinas valley business owner has pleaded guilty to 2 counts of committing fraud. peter townsley, the owner of california liquid fertilizer, entered his plea in a u.s. district court in san francisco. that after he defrauded organic farmers, by misrepresenting the ingredients of his fertilizers. for each count, Townsley faces 20 years in prison, a 250 THOUSAND DOLLAR fine, and 3 years probation.
