Members of the Ashby Farmers Cooperative Elevator in Ashby, Minnesota filed a civil complaint against their former general manager Jerry Hennessey and his wife Becky last week. The complaint details the purchases Hennessey made using funds from the co-op, including paying more than $1.13 million to the Cabela’s Club Visa card over the course of the fraud. Payment of this and other credit card bills were coded as purchase of soybeans, wheat or corn. The cooperative is asking for close to $5 million in actual damages from Hennessey and his wife imposing a trust of at least $215,000 on their home and awarding the co-op costs, disbursements and attorney’s fees allowed by law.
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.