Former Christian Radio Host Sentenced For $194 Million Ponzi SchemeThe fourth man convicted in a $194 million Ponzi scheme - the second largest in Minnesota history - was sentenced Monday to 240 months in federal prison. According to the U.S. Attorney General’s office, 75-year-old Patrick Kiley of Burnsville was convicted last June of 12 counts of wire and mail fraud, one count of conspiracy to commit mail and wire fraud and two counts of money laundering. Kiley - along with ring leader Trevor Cook, Jason Bo-Alan Beckman, Gerald Joseph Durand and Christopher Pettengill – were all solely and jointly ordered to pay $155,359,411 in restitution to their victims.
3 Convicted In Minnesota Ponzi SchemeA jury found four three men guilty Tuesday in a $194 million Ponzi scheme that victimized more than 700 people.
Plymouth Man Pleads Guilty In Cook Ponzi SchemeA Plymouth man has pleaded guilty to persuading others to invest in a multi-million-dollar Ponzi scheme orchestrated by Trevor Cook.
Minn. Man Charged In Trevor Cook Ponzi SchemeA Plymouth man is charged with persuading others to invest in a multi-million-dollar Ponzi scheme orchestrated by Trevor Cook.
Trevor Cook Sentenced in Ponzi Scheme