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Cachengo Lawsuit Entangles Properties, Vehicles in Ownership Dispute – Part 2

Jesse Joseph by Jesse Joseph
December 31, 2025
in Business, News
Reading Time: 2 mins read
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Cachengo, Inc. is suing its former CEO and members of his family in federal court over what it claims was a years-long misuse of millions of dollars in company funds. This is Part Two of a multi-part series on the lawsuit, breaking down the assets, foreclosures, and competing claims now at issue.

A Cold Day in December

Attorney Stephen Hughes’ voice echoed through the largely empty corridors of the Carroll County Courthouse on Tuesday, December 30, as he conducted foreclosure auctions on two properties purchased by Cachengo under the direction of former CEO Ash Young: 19225 West Main Street in Huntingdon and 16035 Highland Drive in McKenzie.

FORECLOSURE AUCTION – Attorney Stephen Hughes reads the foreclosure notice that was published in the newspapers for three weeks before the auction. Jesse Joseph/Carroll County Observer

These are just two of the properties that the former Cachengo CEO purchased.

Between 2017 and 2025, Young signed around 25 deeds for properties across Carroll County, according to public records. All of those transactions used owner financing rather than traditional bank loans.


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Tags: CachengoCarroll County NewsCarroll County TNLawsuit
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© 2026 Carroll County Observer. All Rights Reserved.
Content may not be republished without written permission. For licensing inquiries, contact jesse@carrollobserver.com