New Rockford Transcript - Official Newspaper of Eddy County since 1883

By Jenny Schlecht
Agweek Staff Writer 

Hanson pleads guilty to wire fraud, money laundering

 

August 12, 2019



Hunter Hanson told U.S. District Judge Daniel Hovland he "got overwhelmed" in his grain trading business, leading to a situation in which he defrauded at least 60 farmers, grain elevators and grain brokers in North Dakota, Minnesota and Canada for more than $11 million.

Hanson, 22, on Tuesday, July 30, at the William L. Guy Federal Building pleaded guilty to federal charges of wire fraud and money laundering. While each charge carries a maximum penalty of 20 years in prison, Assistant U.S. Attorney Jonathan O'Konek said the federal sentencing guideline range in the case calls for a sentence...



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