WCCO EYE4 LOGO WCCO Radio wcco-eye-red01, ww color red

Latest News

Judge: Home Of Petters’ Former Assoc. To Be Seized

View Comments
(credit: Sherburne County Jail)

(credit: Sherburne County Jail)

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up
Today's Most Popular Video
  1. 4 Things For April 18, 2014
  2. WCCO Viewers’ Choice For MN’s Best Fried Chicken
  3. Wis. Senior Bowls Perfect 300 ... Again
  4. Dozens Behind Bars After Largest MN Heroin Bust
  5. Morning Headlines From 04/18

MINNEAPOLIS (WCCO) — A judge decided the U.S. Attorney’s office can seize a house purchased with money from the Tom Petters Ponzi scheme.

Petters is serving 50 years in prison for running the $3.5 billion fraud. The Minnetrista home that the federal government is seizing used to be owned by Petters’ former associate, Deanna Coleman.

She was the key witness in the Petters’ trial.

Her ex-husband kept the house after their divorce. He died in June.

The house has an estimated value of $580,000.

View Comments
blog comments powered by Disqus