For the first time since he was sentenced to 50 years in prison for orchestrating a multi-billion dollar Ponzi scheme, Tom Petters is breaking his silence.
It has been more than two years since Tom Petters was found guilty of running a $3.5 billion Ponzi scheme.
Attorneys for Minnesota businessman Tom Petters have asked the full Eighth Circuit Court of Appeals to rehear his appeal of his conviction of running a $3.7 billion Ponzi scheme.
A federal appeals court Friday upheld the 2009 conviction and 50-year prison sentence of Minnesota businessman Tom Petters, who was found guilty of orchestrating a $3.7 billion Ponzi scheme.
When you hear “Ponzi scheme,” you think Bernie Madoff, Tom Petters, but perhaps not Social Security.
A former associate of fallen Minnesota businessman Tom Petters faces new allegations of securities fraud, wire fraud and money laundering for his alleged role in a $3.65 billion Ponzi scheme, according to a superseding indictment filed Tuesday.
A Plymouth man has pleaded guilty to persuading others to invest in a multi-million-dollar Ponzi scheme orchestrated by Trevor Cook.
A Plymouth man is charged with persuading others to invest in a multi-million-dollar Ponzi scheme orchestrated by Trevor Cook.
Two Florida hedge fund managers have pleaded guilty to lying to investors about investments in convicted Minnesota businessman Tom Petters’ former company.
A 43-year-old Edina woman has pleaded guilty for her role in the $3.7 billion Ponzi scheme allegedly led by Tom Petters.
Federal regulators have won a court order against a hedge fund manager they accuse of funneling hundreds of millions of dollars from investors in his funds to the $3.7 billion Ponzi scheme run by convicted Minnesota businessman Tom Petters.
The Swindler doesn’t seem to show remorse….or does he? Find out!
A federal appeals court hears oral arguments on whether Minnesota businessman Tom Petters deserves a new trial after being convicted of orchestrating a $3.7 billion Ponzi scheme.
Federal regulators say a Minnesota man who pleaded guilty to bilking investors in a commodities Ponzi scheme has to pay $84.7 million in civil fines and restitution to customers under a court order.
Six years in prison. That’s the sentence imposed on an Illinois hedge fund manager who admitted to cashing in on the Tom Petters Ponzi scheme.