Tom Petters' Personal Collection Up For Auction
Step inside Luther Auctions in North St. Paul and you'll find yourself in a world of greed and corruption. 86 items which were once the property of Tom Petters are on display.
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Step inside Luther Auctions in North St. Paul and you'll find yourself in a world of greed and corruption. 86 items which were once the property of Tom Petters are on display.
The former associate of disgraced Minnesota businessman Tom Petters now faces additional federal charges in connection with Petter's $3.65 billion Ponzi scheme.
A jury found four three men guilty Tuesday in a $194 million Ponzi scheme that victimized more than 700 people.
The U.S. Supreme Court says it won't take up the case of Minnesota businessman Tom Petters. In documents made public Tuesday, the nation's highest court denied Petters' request to review his 2009 conviction on charges he orchestrated a $3.65 billion Ponzi scheme.
A Minnesota businessman convicted of engineering a $3.65 billion Ponzi scheme now lives in a two-person prison cell, awakened at 6 a.m. each day by clanging door locks.
For the first time since he was sentenced to 50 years in prison for orchestrating a multi-billion dollar Ponzi scheme, Tom Petters is breaking his silence.
It has been more than two years since Tom Petters was found guilty of running a $3.5 billion Ponzi scheme.
Attorneys for Minnesota businessman Tom Petters have asked the full Eighth Circuit Court of Appeals to rehear his appeal of his conviction of running a $3.7 billion Ponzi scheme.
A federal appeals court Friday upheld the 2009 conviction and 50-year prison sentence of Minnesota businessman Tom Petters, who was found guilty of orchestrating a $3.7 billion Ponzi scheme.
When you hear "Ponzi scheme," you think Bernie Madoff, Tom Petters, but perhaps not Social Security.
A former associate of fallen Minnesota businessman Tom Petters faces new allegations of securities fraud, wire fraud and money laundering for his alleged role in a $3.65 billion Ponzi scheme, according to a superseding indictment filed Tuesday.
A Plymouth man has pleaded guilty to persuading others to invest in a multi-million-dollar Ponzi scheme orchestrated by Trevor Cook.
Two Florida hedge fund managers have pleaded guilty to lying to investors about investments in convicted Minnesota businessman Tom Petters' former company.
A 43-year-old Edina woman has pleaded guilty for her role in the $3.7 billion Ponzi scheme allegedly led by Tom Petters.
Federal regulators have won a court order against a hedge fund manager they accuse of funneling hundreds of millions of dollars from investors in his funds to the $3.7 billion Ponzi scheme run by convicted Minnesota businessman Tom Petters.
A federal appeals court hears oral arguments on whether Minnesota businessman Tom Petters deserves a new trial after being convicted of orchestrating a $3.7 billion Ponzi scheme.
Federal regulators say a Minnesota man who pleaded guilty to bilking investors in a commodities Ponzi scheme has to pay $84.7 million in civil fines and restitution to customers under a court order.
