According to court documents, prosecutors charge Ross Haugen with theft and fraud in taking a total of $3,486,554.83 in an investment scheme from seven people in Walsh County:
- $60,000 from an 80-year-old in Park River.
- $25,000 from a 52-year-old from Hoople.
- $336,000 from an 84-year-old in Grafton.
- $2,115,554.83 from a 71-year-old in Grafton.
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- $54,000 from a 74-year-old in Pisek.
- $820,000 from a 69-year-old in Hoople.
- $76,000 from a 62-year-old in Pisek.
Walsh County State's Attorney Barb Whelan estimates that the seven got back roughly 10 percent of their investment through a federal receivership that is part of a federal civil sanction against Haugen in these and other losses involving 150 investors across North America who gave Haugen and his associates $30 million.
