{"id":58239,"date":"2026-07-08T17:20:16","date_gmt":"2026-07-08T16:20:16","guid":{"rendered":"https:\/\/thetab.com\/realityshrine\/?p=58239"},"modified":"2026-07-08T17:20:16","modified_gmt":"2026-07-08T16:20:16","slug":"cole-mcbee-gives-shocking-update-on-familys-financial-problems-as-dad-serves-time-in-jail","status":"publish","type":"post","link":"https:\/\/thetab.com\/realityshrine\/2026\/07\/08\/cole-mcbee-gives-shocking-update-on-familys-financial-problems-as-dad-serves-time-in-jail\/","title":{"rendered":"Cole McBee gives shocking update on family&#8217;s financial problems as Dad serves time in jail"},"content":{"rendered":"<p><a href=\"https:\/\/thetab.com\/realityshrine\/2026\/07\/07\/mcbee-family-issue-major-update-about-steven-jr-after-tumultuous-split-from-allie-eklund\/\">Cole McBee<\/a> gave an update on the McBee Dynasty family&#8217;s financial situation on <a href=\"https:\/\/www.bravotv.com\/watch-what-happens-live\">Watch What Happens Live with Andy Cohen<\/a> on July 6. Here&#8217;s everything he said.<\/p>\n<blockquote class=\"instagram-media\" style=\"background: #FFF; border: 0; border-radius: 3px; box-shadow: 0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width: 540px; min-width: 326px; padding: 0; width: calc(100% - 2px);\" data-instgrm-captioned=\"\" data-instgrm-permalink=\"https:\/\/www.instagram.com\/p\/DagrlEKnF9z\/?utm_source=ig_embed&amp;utm_campaign=loading\" data-instgrm-version=\"14\">\n<div style=\"padding: 16px;\">\n<p>&nbsp;<\/p>\n<div style=\"display: flex; flex-direction: row; align-items: center;\">\n<div style=\"background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 40px; margin-right: 14px; width: 40px;\"><\/div>\n<div style=\"display: flex; flex-direction: column; flex-grow: 1; justify-content: center;\">\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 100px;\"><\/div>\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 60px;\"><\/div>\n<\/div>\n<\/div>\n<div style=\"padding: 19% 0;\"><\/div>\n<div style=\"display: block; height: 50px; margin: 0 auto 12px; width: 50px;\"><\/div>\n<div style=\"padding-top: 8px;\">\n<div style=\"color: #3897f0; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: 550; line-height: 18px;\">View this post on Instagram<\/div>\n<\/div>\n<div style=\"padding: 12.5% 0;\"><\/div>\n<div style=\"display: flex; flex-direction: row; margin-bottom: 14px; align-items: center;\">\n<div>\n<div style=\"background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(0px) translateY(7px);\"><\/div>\n<div style=\"background-color: #f4f4f4; height: 12.5px; transform: rotate(-45deg) translateX(3px) translateY(1px); width: 12.5px; flex-grow: 0; margin-right: 14px; margin-left: 2px;\"><\/div>\n<div style=\"background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(9px) translateY(-18px);\"><\/div>\n<\/div>\n<div style=\"margin-left: 8px;\">\n<div style=\"background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 20px; width: 20px;\"><\/div>\n<div style=\"width: 0; height: 0; border-top: 2px solid transparent; border-left: 6px solid #f4f4f4; border-bottom: 2px solid transparent; transform: translateX(16px) translateY(-4px) rotate(30deg);\"><\/div>\n<\/div>\n<div style=\"margin-left: auto;\">\n<div style=\"width: 0px; border-top: 8px solid #F4F4F4; border-right: 8px solid transparent; transform: translateY(16px);\"><\/div>\n<div style=\"background-color: #f4f4f4; flex-grow: 0; height: 12px; width: 16px; transform: translateY(-4px);\"><\/div>\n<div style=\"width: 0; height: 0; border-top: 8px solid #F4F4F4; border-left: 8px solid transparent; transform: translateY(-4px) translateX(8px);\"><\/div>\n<\/div>\n<\/div>\n<div style=\"display: flex; flex-direction: column; flex-grow: 1; justify-content: center; margin-bottom: 24px;\">\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 224px;\"><\/div>\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 144px;\"><\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<p style=\"color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; line-height: 17px; margin-bottom: 0; margin-top: 8px; overflow: hidden; padding: 8px 0 7px; text-align: center; text-overflow: ellipsis; white-space: nowrap;\"><a style=\"color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: normal; line-height: 17px; text-decoration: none;\" href=\"https:\/\/www.instagram.com\/p\/DagrlEKnF9z\/?utm_source=ig_embed&amp;utm_campaign=loading\" target=\"_blank\" rel=\"noopener\">A post shared by Cole McBee (@cole_mcbee)<\/a><\/p>\n<\/div>\n<\/blockquote>\n<p><script async src=\"\/\/www.instagram.com\/embed.js\"><\/script><\/p>\n<p>Cole gave a hopeful answer and said that the family has made real progress paying off their debt, though the crisis isn&#8217;t fully behind them. &#8220;To say we&#8217;re out of everything would be a lie,&#8221; he said.<\/p>\n<p>Their <a href=\"https:\/\/thetab.com\/realityshrine\/2026\/06\/23\/inside-the-mcbee-dynasty-family-net-worth-whose-farm-has-been-hit-by-serious-legal-troubles\/\">financial struggles<\/a> stem from the patriarch of the family, Steve McBee Sr. He went to prison on major fraud charges and pled guilty to a multi-million-dollar federal crop insurance fraud case.<\/p>\n<p>The McBee farm has also been carrying a massive debt load estimated upwards of $60 million to $70 million. So now, they&#8217;ve been forced to restructure their entire lives and the farm in order to pay off their debts.<\/p>\n<blockquote class=\"instagram-media\" style=\"background: #FFF; border: 0; border-radius: 3px; box-shadow: 0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width: 540px; min-width: 326px; padding: 0; width: calc(100% - 2px);\" data-instgrm-captioned=\"\" data-instgrm-permalink=\"https:\/\/www.instagram.com\/p\/DZn6zRKjcbq\/?utm_source=ig_embed&amp;utm_campaign=loading\" data-instgrm-version=\"14\">\n<div style=\"padding: 16px;\">\n<p>&nbsp;<\/p>\n<div style=\"display: flex; flex-direction: row; align-items: center;\">\n<div style=\"background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 40px; margin-right: 14px; width: 40px;\"><\/div>\n<div style=\"display: flex; flex-direction: column; flex-grow: 1; justify-content: center;\">\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 100px;\"><\/div>\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 60px;\"><\/div>\n<\/div>\n<\/div>\n<div style=\"padding: 19% 0;\"><\/div>\n<div style=\"display: block; height: 50px; margin: 0 auto 12px; width: 50px;\"><\/div>\n<div style=\"padding-top: 8px;\">\n<div style=\"color: #3897f0; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: 550; line-height: 18px;\">View this post on Instagram<\/div>\n<\/div>\n<div style=\"padding: 12.5% 0;\"><\/div>\n<div style=\"display: flex; flex-direction: row; margin-bottom: 14px; align-items: center;\">\n<div>\n<div style=\"background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(0px) translateY(7px);\"><\/div>\n<div style=\"background-color: #f4f4f4; height: 12.5px; transform: rotate(-45deg) translateX(3px) translateY(1px); width: 12.5px; flex-grow: 0; margin-right: 14px; margin-left: 2px;\"><\/div>\n<div style=\"background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(9px) translateY(-18px);\"><\/div>\n<\/div>\n<div style=\"margin-left: 8px;\">\n<div style=\"background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 20px; width: 20px;\"><\/div>\n<div style=\"width: 0; height: 0; border-top: 2px solid transparent; border-left: 6px solid #f4f4f4; border-bottom: 2px solid transparent; transform: translateX(16px) translateY(-4px) rotate(30deg);\"><\/div>\n<\/div>\n<div style=\"margin-left: auto;\">\n<div style=\"width: 0px; border-top: 8px solid #F4F4F4; border-right: 8px solid transparent; transform: translateY(16px);\"><\/div>\n<div style=\"background-color: #f4f4f4; flex-grow: 0; height: 12px; width: 16px; transform: translateY(-4px);\"><\/div>\n<div style=\"width: 0; height: 0; border-top: 8px solid #F4F4F4; border-left: 8px solid transparent; transform: translateY(-4px) translateX(8px);\"><\/div>\n<\/div>\n<\/div>\n<div style=\"display: flex; flex-direction: column; flex-grow: 1; justify-content: center; margin-bottom: 24px;\">\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 224px;\"><\/div>\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 144px;\"><\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<p style=\"color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; line-height: 17px; margin-bottom: 0; margin-top: 8px; overflow: hidden; padding: 8px 0 7px; text-align: center; text-overflow: ellipsis; white-space: nowrap;\"><a style=\"color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: normal; line-height: 17px; text-decoration: none;\" href=\"https:\/\/www.instagram.com\/p\/DZn6zRKjcbq\/?utm_source=ig_embed&amp;utm_campaign=loading\" target=\"_blank\" rel=\"noopener\">A post shared by Kacie Adkison (@kacie_adkison)<\/a><\/p>\n<\/div>\n<\/blockquote>\n<p><script async src=\"\/\/www.instagram.com\/embed.js\"><\/script><\/p>\n<p>&#8220;We&#8217;re in a much better place than we were yesterday, and we&#8217;re in a whole lot better spot than we were last year,&#8221; Cole noted. Cole&#8217;s older brother Steven Jr. made the difficult decision to sell off the company&#8217;s headquarters, including its grain bins, shop, and aviation building in season three episode one.<\/p>\n<p>Cole admitted to Andy that this was only part of the solution. &#8220;That solved a lot of the problems, but there&#8217;s still some problems out there.&#8221; They&#8217;re still working through it and trying to overcome challenges to get out of this hole. &#8220;We&#8217;re moving in the right direction every day,&#8221; Cole said.<\/p>\n<p>Speaking to <a href=\"https:\/\/www.bravotv.com\/the-daily-dish\/cole-mcbee-future-plans-mcbee-farm-business-update-exclusive-july-2026\">Bravo Insider<\/a> in June, Cole revealed that the farm will now focus on their cattle operations. &#8220;We&#8217;re not farming anymore, but just grow our farm in acres. Obviously, between our cows, I&#8217;d like to double our pasture, be able to double our herd in the next five years is my plan.&#8221;<\/p>\n<p><i>For all the latest reality TV cast member news, scandals, gossip and updates \u2013 like\u00a0<\/i><i><span draggable=\"true\"><a href=\"https:\/\/realitytvshrine.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Reality Shrine<\/a><\/span><\/i><i>\u00a0on\u00a0<\/i><i><span draggable=\"true\"><a href=\"https:\/\/www.facebook.com\/realityshrineofficial?rdid=TzQu2kEd2cUqU4rD&amp;share_url=https%3A%2F%2Fwww.facebook.com%2Fshare%2F14zX5cKubf%2F#\" target=\"_blank\" rel=\"noopener noreferrer\">Facebook<\/a><\/span><\/i><i>.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8216;We&#8217;re still going through it&#8217;<\/p>\n","protected":false},"author":249734283,"featured_media":58243,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1358],"tags":[2243],"class_list":["post-58239","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-the-mcbee-dynasty"],"acf":[],"parsely":{"version":"1.1.0","canonical_url":"https:\/\/realitytvshrine.com\/realityshrine\/2026\/07\/08\/cole-mcbee-gives-shocking-update-on-familys-financial-problems-as-dad-serves-time-in-jail\/","smart_links":{"inbound":0,"outbound":0},"traffic_boost_suggestions_count":0,"meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Cole McBee gives shocking update on family&#8217;s financial problems as Dad serves time in 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