Shakopee man sentenced for role in $3.1 million ponzi scheme
Shakopee man is sentenced for role in $3.1 million ponzi scheme
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Shakopee man is sentenced for role in $3.1 million ponzi scheme
After his arrest, Ray Brewer claimed he saved several soldiers from a fire while serving in the Navy, but later admitted, "these were both lies meant to curry favor with law enforcement."
A federal jury has awarded a record $564 million in damages to victims of a massive Ponzi scheme by Minnesota businessman Tom Petters.
Last week a judge granted a motion to freeze the couple's assets. Jason and Angela Bullard have one more day to give the court the estimated value of all property, along with how much investors say they are owed.
"They're alleging a very classic Ponzi scheme, much modeled after [Bernie] Madoff," attorney Doug Kelley said.
The Department of Justice announced Wednesday that the money will be distributed to approximately 364 people worldwide. This money is in addition to the $16 million that was initially distributed to victims.
Sixty-eight-year-old James Nickels earlier pleaded guilty to wire fraud. Prosecutors say Nickels convinced family, friend and neighbors to invest in his sham business.
About $16.4 million stolen by Tom Petters has now been returned to 364 investors.
Federal authorities say a Minnesota man accused of bilking investors of more than $1 million has pleaded guilty.
A Twin Cities chiropractor who has already spent time in prison for a Ponzi scheme is going back for the same crime.
A St. Paul man is charged with stealing more than $350,000 from a Minnesota brewery, and stealing almost as much from others in an alleged Ponzi scheme.
A 40-year-old man pleaded guilty Tuesday to stealing from investors in his wealth management company and using the money to buy a luxury SUV and run a Ponzi-style scheme.
Jury selection begins Monday for the trial of former Minnesota Vikings Stu Voigt. Voigt and his business partner Jeffrey Gardner head to federal court this week for allegedly bilking investors out of millions of dollars. The two face several criminal charges in connection to a real estate scheme between 2005 and 2007.
More than seven years after the financial collapse of one Minnesota's most powerful businessmen, victims are still waiting for money.
Former Minnesota Vikings tight end Stu Voigt has pleaded not guilty in an alleged Ponzi scheme. Voigt entered his plea Thursday after being indicted earlier in April on charges of conspiracy and fraud.
Two Minnesota men, including a former Minnesota Vikings tight end, are charged with running a Ponzi scheme that defrauded investors out of millions of dollars. The U.S. Attorney's office says 66-year-old Stu Voigt and 61-year-old Jeffery Gardner face several criminal charges in connection to a real estate scheme between 2005 and 2007.
A Eden Prairie man plead guilty Wednesday to using his financial planning firm to operate a Ponzi scheme to fraudulently obtain millions of dollars from former clients, according to U.S. Attorney Andrew Luger. Sean Meadows, 41, plead guilty to three counts of mail fraud, seven counts of wire fraud and money laundering offenses.
Federal prosecutors say a Minnesota man has pleaded guilty to defrauding investors of more than $19 million. Fifty-five-year-old Tyrone Herman of St. Anthony entered his plea Friday in U.S. District Court. According to court documents, Herman claimed he could purchase small appliances from manufacturers and wholesalers at below-retail market rates.
The final three defendants have been sentenced in the $3.65 billion Ponzi scheme led by Minnesota businessman Tom Petters. U.S. District Judge Richard Kyle handed down a 7 ½-year sentence Friday to hedge fund manager Bruce Prevost for his role in misleading investors in Palm Beach Capital Management, a Florida hedge fund that put money into Petters' scheme before it collapsed in 2008.
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.
Convicted Minnesota businessman Tom Petters returns to federal court this week to try to shorten his 50-year prison term. The attempt to get 20 years removed might be Petters' last chance to go after a lighter sentence.
Frank Elroy Vennes Jr. was sentenced to 180 months in prison on Friday, in connection with fraudulently raising money through hedge funds for investment in Petters Company. Vennes was a long-time associate of Thomas J. Petters, the Minnesota businessman convicted in 2009 of orchestrating a $3.65 billion Ponzi scheme.
Despite owing his victims more than $1 million, a Twin Cities chiropractor twice convicted of fraud again has his license to practice. Fifteen years ago, Randy Miland served two years in prison for a Ponzi scheme. He later served another three years for a real estate investment scam. A judge ordered Miland to pay more than one-and-a-half million dollars in restitution. That hasn't happened.
The 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.
A former associate of convicted Minnesota businessman Tom Petters has pleaded guilty to lying to investors in a $3.65 billion Ponzi scheme.
Several sheriff's offices in Minnesota have what's called a 287(g) agreement with U.S. Immigration and Customs Enforcement. Different models allow departments to help enforce ICE operations and to serve warrants on people inside their jails. Crow Wing County has both.
Hennepin County Sheriff Dawanna Witt said Friday she's carefully considering options for a compromise with federal immigration agents if it means winding down Operation Metro Surge.
After a contentious start to the investigation into Alex Pretti's death, his family feels true justice starts with both the FBI and the Minnesota Bureau of Criminal Apprehension working together.
The city of Minneapolis estimates it's losing $10 million to $20 million in revenue each week — with the Lake Street corridor in particular down $46 million in revenue between December 2025 and last month.
The Republican chairman of the House Oversight Committee is requesting records related to firms partially owned by the husband of Rep. Ilhan Omar.
Hennepin County Sheriff Dawanna Witt said Friday she's carefully considering options for a compromise with federal immigration agents if it means winding down Operation Metro Surge.
After a contentious start to the investigation into Alex Pretti's death, his family feels true justice starts with both the FBI and the Minnesota Bureau of Criminal Apprehension working together.
The city of Minneapolis estimates it's losing $10 million to $20 million in revenue each week — with the Lake Street corridor in particular down $46 million in revenue between December 2025 and last month.
The Minnesota Bureau of Criminal Apprehension says it "remains committed" to working with the FBI and the Department of Justice on finding a joint path forward in the investigation into the fatal shooting of Alex Pretti.
Border czar Tom Homan says in the past month, 158 people have been arrested for impeding or assaulting federal officers, with 85 cases already accepted for prosecution.
Several sheriff's offices in Minnesota have what's called a 287(g) agreement with U.S. Immigration and Customs Enforcement. Different models allow departments to help enforce ICE operations and to serve warrants on people inside their jails. Crow Wing County has both.
Border czar Tom Homan says in the past month, 158 people have been arrested for impeding or assaulting federal officers, with 85 cases already accepted for prosecution.
U.S. Immigration and Customs Enforcement operations aren't only happening in the Twin Cities. Federal agents are also working in smaller towns, and in some, seeing similar resistance from the community.
The Crow Wing County Jail started accepting ICE detainees in November 2025. The county sheriff, Eric Klang, says that oftentimes they're brought in a few at a time.
Community leaders in St. Cloud, Minnesota, say federal agents have detained at least 10 Somali people there and arrested several more during protests. One man says he was arrested and released, only to be arrested again.
John Lauritsen shares the story behind a massive snow sculpture that's now become a winter destination.
A jury has found a Wisconsin man guilty of forging threats against President Donald Trump in an attempt to get a witness against him deported.
Minnesota and Wisconsin are among the 11 states reporting their first measles cases of 2026.
Hundreds of schools in Minnesota and Wisconsin have closed or shifted to virtual learning on Friday amid dangerous cold.
A Wisconsin man accused of sending the state Supreme Court's chief justice intimidating emails has been sentenced to probation.
U.S. Immigration and Customs Enforcement operations aren't only happening in the Twin Cities. Federal agents are also working in smaller towns, and in some, seeing similar resistance from the community.
While Operation Metro Surge continues in the Twin Cities, Minnesota's farm country is also feeling the impact. The major concerns for farmers and the trickle-down effect it could have on consumers.
Minnesota's governor spoke out Sunday afternoon following the shooting death of Alex Pretti by federal immigration enforcement agents. "What's the plan, Donald Trump? What is the plan?" Walz said. "Fear, violence and chaos is what you wanted from us, and you clearly underestimated the people of this state and nation."
A marching protest against U.S. Immigration and Customs Enforcement in Minneapolis Friday afternoon happened as a widespread work stoppage across Minnesota, as organizers called for a day of no work, no school and no shopping.
"When you come to our church, you see Muslims, Christians, Catholics, atheists, LGBT community, everybody with one purpose: helping the neighbor, loving your neighbor as yourself," said Pastor Sergio Amezcua
The Minneapolis Lake Street Council alone says they’ve lost $46 million in revenue since December, and are pleading with community members to spend money at local shops and restaurants.
Several Twin Cities small businesses say Operation Metro Surge has cost them millions of dollars in revenue. Now, they're asking for the community’s help.
The Republican chairman of the House Oversight Committee is requesting records related to firms partially owned by the husband of Rep. Ilhan Omar.
For many immigrant families in Minnesota, sending a child to school each day requires faith that one of the thousands of federal immigration officers deployed around the state won't detain them.
Public health officials say a measles crisis has long been brewing in Minnesota.
Amid ongoing immigration operations in Minnesota, a local company is filling a desperate need for on-demand legal help.
Outside the governor's mansion in St. Paul, Minnesota, on Friday, demonstrators, including many students and teachers, pleaded for Gov. Tim Walz to enact an immediate eviction moratorium to help families impacted by the U.S. Immigration and Customs Enforcement surge.
It's part of broader protests calling on the Minneapolis-based retailer to respond more directly to immigration enforcement.
While Operation Metro Surge continues in the Twin Cities, Minnesota's farm country is also feeling the impact. The major concerns for farmers and the trickle-down effect it could have on consumers.
For Minister JaNae Bates Imari, Co-executive director of ISAIAH — a progressive, multi-faith non-profit — it's an idea that was set into motion weeks ago.
The Minnesota Bureau of Criminal Apprehension says it "remains committed" to working with the FBI and the Department of Justice on finding a joint path forward in the investigation into the fatal shooting of Alex Pretti.
Border czar Tom Homan says in the past month, 158 people have been arrested for impeding or assaulting federal officers, with 85 cases already accepted for prosecution.
Lang posted a video to social media of him kicking the newly-installed sculpture that reads "prosecute ICE."
Investigators have no proof that the missing mother of "Today" show host Savannah Guthrie is still alive but are holding out hope she is "still out there," the sheriff said.
What does community safety look like with thousands of federal agents on Minneapolis streets? WCCO sat down with Todd Barnette, the city's community safety commissioner, to hear how the city is handling the surge of federal agents.
Public health officials say a measles crisis has long been brewing in Minnesota.
Patients in Minnesota are canceling appointments and deferring critical health care needs because of fear of immigration enforcement as the federal crackdown continues, doctors say.
Children's Minnesota announced Tuesday it plans to pause some gender-affirming care for children amid "threats" from the federal government.
Nurses in Minneapolis doubted federal immigration officers' claims about a Mexican immigrant's severe injuries.
Minnesota and Wisconsin are among the 11 states reporting their first measles cases of 2026.
Bad Bunny says he wants to bring his culture to his 2026 Super Bowl halftime show Sunday.
Renowned comedian Dave Chappelle is set to return to the Twin Cities later this month to perform and "show a stand with a community at the center of events that should unite all Americans," show organizers said Monday.
Complete closure of the performing arts center in Washington, D.C., will start on July 4, Mr. Trump said. It's not yet clear how extensive the changes to the building might be.
Music's biggest night returned Sunday with the 68th annual Grammy Awards. Here is how to watch and stream and what to know.
In 1971, Demond Wilson appeared on an episode of "All in the Family," a role that led him to land a lead part in "Sanford and Son."
Veteran point guard Mike Conley is expected to return to the Minnesota Timberwolves after being traded twice this week, NBA insider Shams Charania reports.
Minnesota United FC is adding an international star to its roster.
The small town of Warroad, Minnesota, has had an outsized impact on the history of hockey in the U.S. The inclusion of Brock Nelson on the men's Olympic team this year makes eight players from Warroad to go to the Winter Games.
The 2026 Milano Cortina Winter Olympics are underway after the lighting of the Olympic cauldrons and the Parade of Nations at the opening ceremony.
Grace Grocholski scored 21 points, Mara Braun added 16 and Minnesota beat No. 10 Iowa 91-85 on Thursday night for its fifth straight victory.
The state of Minnesota is vowing to continue the legal battle after it and 12 cities were denied a temporary restraining order that would have shut down Operation Metro Surge.
The state of Minnesota is vowing to continue the legal battle after it and 12 cities, including St Paul and Minneapolis, were denied a temporary restraining order that would have shut down Operation Metro Surge.
While Operation Metro Surge continues in the Twin Cities, Minnesota's farm country is also feeling the impact. The major concerns for farmers and the trickle-down effect it could have on consumers.
While Operation Metro Surge continues in the Twin Cities, Minnesota's farm country is also feeling the impact. The major concerns for farmers and the trickle-down effect it could have on consumers.
While Operation Metro Surge continues in the Twin Cities, Minnesota's farm country is also feeling the impact. The major concerns for farmers and the trickle down effect it could have on consumers.
John Lauritsen shares the story behind a massive snow sculpture that's now become a winter destination.
Northland Arboretum was built half a century ago on top of what was once a city dump. But over time, nature carved its own path with a little help from a Zamboni.
St. James is a smaller town with a main street and a railroad running though. But inside a local building, the main street and the railroad are even smaller.
On Dec. 9, 1965, "A Charlie Brown Christmas" debuted on CBS, and it became an instant classic. Lee Jenkins' home is proof that the show is still a hit six decades later.
Holiday lights are on full display across the state right now, and just south of the Twin Cities you'll find a Christmas light show that's been around for more than half a century.
According to the Police Executive Research Firm, 82% of police departments in the United States equip officers with body cameras. That number comes from 2023, meaning it could be even higher by now.
With the new $2,600 stipend, DHS said the cost of a single self-deportation is $5,100. That's significantly less than the cost to arrest, detain and deport an undocumented immigrant, which DHS said costs more than $18,000.
It might be hard to believe, but it's gotten warmer outside over the past few days. The temperature is creeping above zero during the day, but the wind chill remains dangerously low. So, how is wind chill calculated?
Minnesota gun rights are in the spotlight after U.S. Border Patrol agents shot and killed a lawful gun carrier over the weekend.
It's a saying Minnesotans and Wisconsinites know well: "There's no such thing as bad weather, just bad clothing." The problem is that even proper clothing might not be enough to withstand the bitter chill headed for the bold north.
Minnesotans got a great view of the northern lights Tuesday night.
A look at the newest addition to the polar bear population at St. Paul, Minnesota's Como Zoo.
From food shelves to school programs, our team is proud to serve where it matters most.
The Minnesota State Fair has unveiled its new food, drinks and vendors for 2025.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
NEXT Weather meteorologist Chris Shaffer says the temperature in the Twin Cities could hit 41 degrees on Monday. Temps are expected to be in the 30s throughout the rest of next week.
In Minnesota, weather can be all over the place. Here at WCCO, we want to give you what you need to prepare for what's happening next.
Saturday will be breezy in the Twin Cities with a high temperature of 26 degrees, according to NEXT Weather meteorologist Chris Shaffer.
Saturday will be breezy and cooler, then things will warm back up.
Temps are set to fall into the teens by the evening due to gusty winds from the north.
Providence Academy's girls basketball team met Hill-Murray in Maplewood on Friday night. Plus, see highlights from other prep basketball and hockey battles that took place around Minnesota in the Feb. 6, 2026, edition of High School Sports Rally.
NEXT Weather meteorologist Chris Shaffer says the temperature in the Twin Cities could hit 41 degrees on Monday. Temps are expected to be in the 30s throughout the rest of next week.
Residents of Minneapolis' Cedar-Riverside neighborhood returned to their apartment units on Friday following a sudden flood to find loss, damage and community support.
Two Democratic congresspeople who represent parts of Minnesota said the Department of Homeland Security on Friday wouldn't let them into the Whipple federal building to check on conditions where federal officials hold immigrants and others. A third Democratic lawmaker was allowed inside. Laurie Perez reports.
Documents from the Minneapolis Police Department and Minneapolis Fire Department shared with WCCO on Friday reveal some of what happened in the moments after the fatal shooting of Alex Pretti.