BISMARCK, N.D. — Hunter Hanson, the North Dakota grain trader who investigators say bilked millions of dollars from farmers and elevators, will be allowed to leave jail while he awaits a plea hearing on federal wire fraud and money laundering charges.

In a bond hearing on Thursday, June 20, Magistrate Judge Clare Hochhalter ordered Hanson released under strict conditions at the farm where his father, Keith Hanson, lives near Sheyenne in northeast North Dakota.

Hanson has officially pleaded not guilty but has agreed to plead guilty July 30 before District Judge Daniel Hovland. Until then, he’ll be monitored by electronic GPS and by probation officers.

The federal plea agreement states that from January 2018 to December 2018, Hanson “executed a scheme to defraud approximately 60 farmers, elevator, or commodity brokers in North Dakota, Minnesota and Canada.” Hanson has agreed to repay more than $11 million.

Hochhalter told him he would be prohibited from any financial transactions and is to provide a list of his assets to the government. He is required to provide electronic devices and their codes to federal officials.