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Steven Meshbesher

(credit: Hennepin County Jail)

Petters Now Admitting Guilt, Begging For A Lesser Sentence

The man found guilty of orchestrating Minnesota’s largest Ponzi scheme finally admitted on Wednesday that he did it. Tom Petters was in U.S. District Court in St. Paul on Wednesday trying to get 20 years shaved off his prison sentence.

10/23/2013