$2M Missing at Minnesota grain elevator

A former grain elevator manager is on the run after allegedly pocketing $2 million from the Ashby Farmers Cooperative Elevator Co. in west-central Minnesota. Jerry Hennessey used the money for hunting trips, taxidermy and paying his personal Cabela’s credit card. Initial investigations show Hennessey had been siphoning off funds while inflating grain inventories from the single-location grain co-op for at least a decade. But the issue came to head earlier this month and forced the co-op, which was established 110 years ago, to stop taking grain deliveries and close for business. The co-op’s board is now actively seeking acquirers for the facility and business.