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Ex-North Dakota grain trader signs plea deal in fraud scheme

Jun 19, 2019 at 10:31 AM CST

A former North Dakota grain trader who became involved in the business shortly out of high school has signed a plea agreement on accusations he ran a multimillion dollar fraud scheme, according to federal court documents unsealed Monday. Authorities say Hunter Hanson, of Leeds, bilked about 60 farmers, elevators and commodity brokers in North Dakota, Minnesota and Canada. The deal calls for Hanson, 22, to plead guilty to wire fraud and money laundering and play back about $11.4 million.