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.
Williams and Hall Outfitters in Ely has been in business for 33 years.
An undercover video could land a handful of activists in legal trouble. They pretended to be Minnesota voters during the primary.
Flag football is exploding in popularity among girls in Minnesota. In 2025, when girls flag football started in high schools, there were 51 schools. In 2026, there are 104 teams.
A church in Robbinsdale, Minnesota, is helping families start the school year with a little less pressure, and some of the volunteers know exactly what that help can mean.
An investigation is ongoing after the University of Minnesota said police found an adult dead near the Mississippi River on Monday afternoon.
An undercover video could land a handful of activists in legal trouble. They pretended to be Minnesota voters during the primary.
A church in Robbinsdale, Minnesota, is helping families start the school year with a little less pressure, and some of the volunteers know exactly what that help can mean.
An investigation is ongoing after the University of Minnesota said police found an adult dead near the Mississippi River on Monday afternoon.
A Minneapolis man who ran a multi-year Medicaid fraud scheme pleaded guilty Monday.
Police are investigating after the owner of a St. Paul restaurant said thieves broke in and stole $1,300 Sunday morning.
Williams and Hall Outfitters in Ely has been in business for 33 years.
More than six fire departments responded in the middle of the night to Kingsway Senior Living, and staff say it took a village to relocate everyone to Belle Plaine High School for temporary shelter.
An individual is dead after a police officer shot at them with their service weapon on the Red Lake Nation Thursday, according to a special agent with the FBI.
Families heading west to the Black Hills this summer might make a stop at the Crazy Horse Memorial near Mount Rushmore. The memorial has a Minnesota connection that tells the story of the site.
More Minnesota communities are parting ways with Flock Safety and dropping the automatic license plate-reading cameras. On Thursday, the Sherburne County Sheriff's Office joined the list and announced they will no longer use the cameras.
The crash happened at approximately 7:12 a.m. on westbound I-94 at milepost 13 in St. Croix County near Roberts, Wisconsin, according to the State Patrol.
Wisconsin residents headed to the polls Tuesday — or voted early — to have their say in the 2026 primary. Here are live results.
Progressive candidates for governor in Wisconsin and U.S. Senate in Minnesota are making their final pushes ahead of Tuesday's election.
Authorities have released the name of the Madison police officer who shot and killed a 38-year-old Black man last month in Wisconsin's capital city, Madison.
David Crowley, backed by Gov. Tony Evers, faces democratic socialist Francesca Hong in a Wisconsin primary that could signal how far left the Democratic Party is willing to go.
Crews in St. Paul, Minnesota, are clearing out the city's largest encampment on Wednesday.
After officials in Minnesota's capital city announced they would shut down encampments for those experiencing homelessness, the City Council approved more than $1 million to expand capacity at local shelters.
The city of St. Paul, Minnesota, is taking a stand and closing encampments amid growing concerns.
Baseball fans might remember the Metrodome's iconic blue seats, and now in Atwater, Minnesota, spectators can once again grab a blue seat and watch a game.
Tucked away in the Midway neighborhood in St. Paul is a community treasure many have come to love and respect.
An undercover video could land a handful of activists in legal trouble. They pretended to be Minnesota voters during the primary.
They donned disguises and secretly recorded inside Minnesota polling places during the primary. The activists also dropped the name of a real voter in the state. That voter says he was shocked. Esme Murphy spoke with him.
Zach Lahn won the Iowa Republican gubernatorial primary over Trump's endorsed candidate, but three months before Election Day, many in his own party say they still don't know who he is.
In the aftermath of the primary, Republicans in Minnesota are more optimistic about their November chances than they ever have been.
Health Secretary Robert F. Kennedy Jr.'s closed-door research has yet to produce evidence linking vaccines and autism.
A Minnesota woman says she fainted, spiked a 102-degree fever, and was hospitalized with sepsis three days after eating a chicken burrito bowl at a Chipotle in Roseville, and genetic testing connected her case to a multistate outbreak, according to a lawsuit filed Tuesday.
Parents will be digging deeper into their wallets this back-to-school season.
Get ready to watch movies and television with clarity like never before. That's how industry experts are describing the latest TV technology now on sale exclusively at Best Buy.
A lottery player in Minnesota won a jackpot of more than $34 million last week, a record for the Lotto America game in the state.
The lawsuit accuses Loon of using "kid-friendly characters" to promote its vapes in flavors such as Cotton Candy, Strawberry Popsicle, Banana Taffy and Blue Razz Slushy.
Luigi Mangione's New York state trial on second-degree murder charges is being delayed.
A Minneapolis man who ran a multi-year Medicaid fraud scheme pleaded guilty Monday.
Police are investigating after the owner of a St. Paul restaurant said thieves broke in and stole $1,300 Sunday morning.
Hennepin County prosecutors on Monday morning elaborated on charges filed against four people last week, including former Anoka County Assistant Attorney Andrea Sampson, for allegedly running a "sprawling" sex trafficking scheme over the course of several years.
The Chisago County Attorney's Office filed a juvenile delinquency petition in connection with the Oct. 25, 2025, crash that happened near the intersection of Stacy and Ivywood trails in Chisago City.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
Back-to-back tainted food outbreaks have a lot of people asking what's safe to bring home from the grocery store.
A Minnesota woman says she fainted, spiked a 102-degree fever, and was hospitalized with sepsis three days after eating a chicken burrito bowl at a Chipotle in Roseville, and genetic testing connected her case to a multistate outbreak, according to a lawsuit filed Tuesday.
The system uses light tracing and more than 1,500 data points to create a personalized treatment plan.
Two Michigan residents who had "significant underlying health conditions" have died after contracting cyclosporiasis, the Michigan Department of Health and Human Services said.
Co-stars and friends of Hayden Panettiere are remembering her for her friendship, intelligence and talent after her shocking death on Sunday.
Hayden Panettiere, who starred in "Remember the Titans" as a child actor and rose to fame in the series "Heroes," has died at the age of 36. The coroner's office says she was found in cardiac arrest.
WCCO is tracking everything you can go out and do 4 Your Weekend, including a slate of county fairs.
Rod Stewart, who is 81, is recovering from a "routine coronary stent procedure," according to his team. He had been scheduled to perform at the Grandstand on Sept. 1 alongside Richard Marx.
Singers at Eastview High School in Apple Valley, Minnesota, are warming up for their performance on stage with Rock & Roll Hall of Fame band Foreigner.
Flag football is exploding in popularity among girls in Minnesota. In 2025, when girls flag football started in high schools, there were 51 schools. In 2026, there are 104 teams.
Jamal Adams, the hybrid defender the Minnesota Vikings signed this offseason to bolster Brian Flores' unit, won't play this year after suffering a preseason injury, the NFL Network reports.
Minnesota Vikings wide receiver Justin Jefferson has made the NFL Top 100 for the sixth straight year.
Bryan De La Cruz hit a two-run single in the eighth inning and the Philadelphia Philles overcame a five-run deficit to beat the Minnesota Twins 7-5 and sweep the three-game series.
One of Tommy John's biggest legacies to MLB was his comeback elbow reconstruction surgery that now bears his name.
In the aftermath of the primary, Republicans in Minnesota are more optimistic about their November chances than they ever have been.
In the aftermath of the primary, Republicans in Minnesota are more optimistic about their November chances than they ever have been.
The candidates for the Minnesota general election are all set, and the campaigns are shifting into a higher gear.
The Minnesota primary is Tuesday, with the final barrage of political ads in overdrive and candidates making their final pitches.
The Minnesota primary is Tuesday, with the final barrage of political ads in overdrive and candidates making their final pitches.
Keith Richardson is a home brewer and beer memorabilia collector. His collection got so big that, two years ago, he moved everything into an old toy store near downtown Lanesboro and opened the Hammarama Museum and Gift Shop.
Passing trains and scenic bluffs are a big part of Buffalo County, Wisconsin, but in the middle of it all is a garden where creativity and flowers grow together, all courtesy of a man named Herman Rusch.
Thousands of pictures of Split Rock Lighthouse are taken each year. And oftentimes a little island appears in those photos. Ellingsen Island has developed a following of its own.
There's a scenic, nearly century-old spot in St. Cloud, Minnesota, where right now you'll find thousands of flowers in bloom.
Baseball fans might remember the Metrodome's iconic blue seats, and now in Atwater, Minnesota, spectators can once again grab a blue seat and watch a game.
As if the constant barrage of political ads wasn't enough, some WCCO viewers are particularly bothered by the language candidates are using.
There's a certain elegance to the common loon. Its black and white plumage carries a gentle sheen of green as though dressed for a formal affair. Subtle colors that allow its piercing red eyes to steal your gaze.
Parents will be digging deeper into their wallets this back-to-school season.
Minnesotans have become quite familiar with drought in recent years. Not only how it affects the water supply, but also the rules that can come with it.
The issue is a major talking point ahead of the midterm elections. Do gas prices actually impact elections?
The Minnesota State Fair has unveiled its new foods for 2026.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
A line of showers and embedded thunderstorms will move through parts of northern and central Minnesota on Monday evening, according to NEXT Weather meteorologist Chris Shaffer.
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.
WCCO meteorologist Chris Shaffer says round 1 of scattered showers rolls through tonight.
We could see showers early tomorrow, mainly south, with another wave possible late afternoon, WCCO meteorologist Mike Augustyniak reports.
Showers and storms will move into the Twin Cities late Monday night, says meteorologist Lisa Meadows.
The Minnesota Vikings have named their starting quarterback, but there's still another QB competition on a team that wears purple still going on. Ren Clayton has more from the St. Thomas football team.
A line of showers and embedded thunderstorms will move through parts of northern and central Minnesota on Monday evening, according to NEXT Weather meteorologist Chris Shaffer.
Wildfires closed the Boundary Waters Canoe Area for a couple of weeks last month. Williams and Hall Outfitters in Ely has been in business for 33 years. John Lauritsen talked with the owners about why the time is right to step away.
Burglars cut into a safe at a St. Paul restaurant on Sunday morning. The owner says it will cost thousands to repair and that it's not the first time there has been a break-in at the business. He told Derek James he's frustrated with what happens after police make an arrest.
They donned disguises and secretly recorded inside Minnesota polling places during the primary. The activists also dropped the name of a real voter in the state. That voter says he was shocked. Esme Murphy spoke with him.