Petters Company Inc.

Mound Man Found Guilty Of Fraud With Petters CompanyA 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.

More From WCCO | CBS Minnesota

Super Bowl 50
Ski Report

Listen Live