Fraud

(credit: Hennepin County Jail)

Esme’s Blog: The Final Humiliation Of Tom Petters

If there were ever a Minnesota case where cameras in the courtroom would have been a benefit to the public, it is the Tom Petters case, in my opinion. For four remarkable days in the winter of 2009, Petters testified, maintaining with a cocky flair, that he was an unwitting pawn in a $3.6 billion Ponzi scheme. It was all the work of his underlings he said, and that he had no idea what was going on.

10/26/2013

money, generic, 100s, cash, bills

Petters Fundraiser Vennes Sentenced To 15 Years In Prison

Frank Elroy Vennes Jr. was sentenced to 180 months in prison on Friday, in connection with fraudulently raising money through hedge funds for investment in Petters Company. Vennes was a long-time associate of Thomas J. Petters, the Minnesota businessman convicted in 2009 of orchestrating a $3.65 billion Ponzi scheme.

10/18/2013

(credit: Jupiter Images)

Coin Dealer Sentenced To Prison For Bilking Investors Out Of $3.3M

A 53-year-old Excelsior coin dealer was sentenced Thursday in federal court for defrauding customers and investors out of more than $3.3 million. David Laurence Marion was sentenced to 60 months in prison for one count of conspiracy to commit mail and wire fraud, and one count of money laundering.

08/29/2013

(credit: Adam Bettcher /Getty Images)

Talking Points: Wilfs’ Fraud Issues & The Vikings Stadium

The Metropolitan Sport Facilities Authority was supposed to vote later this week on some of the final agreements for the Vikings stadium deal. But those votes have been postponed after Gov. Mark Dayton called for a review of the nearly $1 billion stadium plan.

08/18/2013

(credit: Adam Bettcher /Getty Images)

Vikings Owner: Lawsuit Won’t Impact Stadium Deal

Minnesota Gov. Mark Dayton is urging an authority overseeing the new Vikings stadium to take extra precautions as it finalizes an agreement with the team’s New Jersey-based owners given their legal woes back home.

08/08/2013

money, generic, 100s, cash, bills

Fmr. Chisholm Man Pleads Guilty To Defrauding Customers Of $1M

A 26-year-old Michigan man, formerly of Chisholm, pleaded guilty to defrauding customers of his custom car shop out of more than $1 million. Edwin Scott Verdung pleaded guilty to one count of wire fraud, and one count of transaction money laundering while working at Memory Lane Classics.

08/01/2013

(credit: Jupiter Images)

Nurse Pleads Guilty In Drug Fraud Case

A 38-year-old nurse from Madelia pleaded guilty in Minneapolis Federal Court Thursday to fraudulently getting the controlled substance oxycodone while working at an inpatient health care facility.

08/01/2013

(credit: CBS)

Good Question: What Can You Buy With Food Stamps?

In an average month, 514,900 Minnesotans receive SNAP benefits, formerly known as food stamps. The average monthly payment is $117.26 per person. In a visit to Bergan’s SuperValu, WCCO loaded seven items into a grocery cart – cookies, candy, ice cream, dishwashing detergent, hot macaroni and cheese, dog food and steak – to test shoppers on their knowledge of what’s eligible.

06/19/2013

(credit: Jupiter Images)

Mpls Man Pleads Guilty To Fleeing Duluth Prison

A federal inmate who escaped prison in Duluth earlier this year pleaded guilty to his illegal flight Thursday in federal court. Michael Joseph Krzyzaniak, 64, of Minneapolis, escaped the federal prison camp in March 2013 and specifically pleaded guilty to one count of escape from custody.

06/13/2013

(credit: Jupiter Images)

Mound Man Found Guilty Of Fraud With Petters Company

A 59-year-old Mound, Minn., man was found guilty by a jury Wednesday in federal court for fraudulently raising money for investment in Petters Company, Inc. James Nathan Fry, a hedge fund manager, was convicted of five counts of securities fraud, four counts of wire fraud, and three counts of making false statements to the U.S. Securities and Exchange Commission.

06/12/2013

(credit: Jupiter Images)

Shakopee Man Pleads Guilty To Stealing Food Stamps

A 47-year-old Shakopee man pleaded guilty Wednesday in federal court to using other people’s food stamps. Chin Son Kim pleaded guilty to one count of food stamp fraud.

06/12/2013

(credit: CBS)

MN’s Most Rapidly Growing Crime Might Surprise You

A coalition of groups are launching a statewide campaign to stop elder abuse, as 30,000 cases of senior citizen fraud and abuse have been reported in just the last couple of years in Minnesota. The shocking fact is that’s only a fraction of what’s going on.

06/11/2013

money, generic, 100s, cash, bills

Faribault Man Sentenced For Stealing $400K From Employer

A 39-year-old Faribault man was sentenced Tuesday in federal court for stealing more than $400,000 from his employer, money he then used to build his nearby lake home.

04/30/2013

(credit: Jupiter Images)

Shakopee Man Charged With Defrauding Food Stamp Program Of $29K

A Shakopee man was charged Thursday with one count of food stamps fraud, costing the Supplemental Nutrition and Assistance Program (SNAP) over $29,000.

04/19/2013

(credit: Jupiter Images)

2 Escape From Low-Security Federal MN Prison

Two men convicted for fraud have escaped from a low-security federal prison camp near Duluth, Minn., according to authorities.

03/31/2013

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