New Rockford Transcript - Official Newspaper of Eddy County since 1883

Hanson sentenced to 8 years in $11 million grain trading scheme

 

November 18, 2019



U.S. District Court Judge Daniel Hovland sentenced Hunter Hanson to eight years in a federal prison, plus three years of probation, in a grain trading scheme gone bad.

Hovland handed down his order on Tuesday, Nov. 12 in Bismarck.

The judge also ordered $1.27 million in a money judgment, roughly the amount Hanson took from the grain business to invest in a used auto business he started in Belcourt. Hanson said he opened the auto business to make money to repay his grain debts. In reality, records show he often sold vehicles at a loss, much like he did with grain.

Hanson requested to serve...



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