(credit: Jupiter Images)

6 Years For Defrauding Lenders Of $80 Million

A federal judge in Minneapolis has sentenced a man to 6 years in prison for defrauding 18 lenders of $80 million.


Petters Lawsuits Rack Up

  More than 200 lawsuits filed so far in bankruptcy proceedings. Lawsuits are racking up in the Tom Petters three-billion dollar Ponzi scheme.  The Star Tribune reports that the number of lawsuits against those who […]

830 WCCO–10/25/2010

Trevor Cook Sentenced in Ponzi Scheme

  A Twin Cities businessman found guilty of running a multi-million dollar Ponzi scheme is being sentenced today.