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.
Jalen Duren had 22 points and 14 rebounds, Daniss Jenkins scored 26 and the Detroit Pistons beat the Minnesota Timberwolves 113-108 on Thursday night as both teams were without a superstar.
Taj Bradley pitched six innings of five-hit ball while Matt Wallner, Kody Clemens and Josh Bell each hit solo shots in the ninth, helping the Twins to a 5-1 victory over the Royals.
Anthony Edwards is ineligible for NBA postseason awards because he can't reach the 65-game minimum after the Minnesota Timberwolves ruled out him out against the Detroit Pistons.
Eric Taubel, executive director of the Office of Cannabis Management, said he expects monthly sales to double in the coming months and years.
Preparations were underway Thursday at Target Field as the Minnesota Twins got ready for their home opener.
Preparations were underway Thursday at Target Field as the Minnesota Twins got ready for their home opener.
The group participated in a foot-washing ritual before three clergy leaders made their way inside to administer pastoral care to those who wanted it.
Ruby's Pantry provided food through what's called a "blessing box." At 37 locations Minnesota, Iowa and Wisconsin, the organization served nearly 200,000 people every year.
The complaint says the woman admitted to an officer over the phone that she went home and consumed alcohol during her lunch break.
A man who claimed to run a food distribution business in Minneapolis that served meals to hungry children pleaded guilty to wire fraud on Thursday.
Julie Le, who was removed from her post after telling a judge "this job sucks," is now challenging Rep. Ilhan Omar in Minnesota's 5th District.
Shattuck-St. Mary's is more than a hockey school, but hockey has helped put the school on the map. They have banners and big names to prove it, though the real evidence lies with a man called Rooster.
Some schools in Minnesota have already announced closings or shifts to virtual learning on Thursday as another round of winter weather threatens parts of the state.
A South Dakota man was killed in a crash south of the Twin Cities Tuesday morning, according to the Minnesota State Patrol.
The Moorhead Police Department says Colton Long Jr. was last seen on Feb. 23 wearing a black coat, blue sweatshirt and dark blue jeans.
Some schools in Minnesota have already announced closings or shifts to virtual learning on Thursday as another round of winter weather threatens parts of the state.
A suspect is in custody after a "written threat" led to the brief evacuation of a church in Hudson, Wisconsin, Tuesday morning.
Chesney the kangaroo jumped an eight-foot fence to escape his petting zoo in Wisconsin, spending three days on the lam.
Wisconsin lawmakers are taking a shot at expanding sports betting in the state.
A Wisconsin legislator has pleaded no contest to a misdemeanor count of disorderly conduct in connection with a bitter feud with her caucus over resolutions honoring Hispanics.
Mackenzie Reed, head custodian at Shakopee East Middle School, has painted large-scale murals throughout the building she once attended as a student, creating a more welcoming space for current students.
Kristi comes to the Salvation Army not only to get food, but to shine her light. She talks with and encourages people waiting in line.
The way Mary Hernandez describes it, the effort to keep families off the street in Shakopee, Minnesota, is like trying to keep your head above water.
Deputy Fire Marshal Shawn Johnson, 61, died March 5 after a two-year battle with job-related cancer, the Minnetonka Fire Department announced.
The Minnesota Department of Corrections says 95% of all incarcerated individuals will eventually be released from prison. The DOC says it does all it can to help people transition back into the community as productive citizens.
Eric Taubel, executive director of the Office of Cannabis Management, said he expects monthly sales to double in the coming months and years.
Julie Le, who was removed from her post after telling a judge "this job sucks," is now challenging Rep. Ilhan Omar in Minnesota's 5th District.
In 2025, the entire U.S. Attorney's office had 77 immigration detention cases, she said. In January 2026, she alone was assigned 88 cases.
One of the sources said Hegseth wants someone in the role who will implement President Trump and Hegseth's vision for the Army.
President Trump has ousted Pam Bondi as attorney general, saying she will be taking a job in the private sector.
Minnesota continues to beat the national gas price average, but there are still ways to save in the metro area.
A passenger on an American Airlines flight from New York to Chicago has been charged with making a false bomb threat that forced an emergency landing at Detroit Metro Airport last month, according to a federal criminal complaint.
Your car isn't the only vehicle that needs gas. It's a huge budget item for Minnesota fire departments, police and mass transit.
As we all pay more to fuel our cars, drivers might miss the savings hidden right at the pump. It comes down to timing, then adjusting your routine.
With the national average for gas prices around $4, the timing is especially concerning for the floral industry amid the height of Easter and Passover preparations.
The complaint says the woman admitted to an officer over the phone that she went home and consumed alcohol during her lunch break.
A man who claimed to run a food distribution business in Minneapolis that served meals to hungry children pleaded guilty to wire fraud on Thursday.
Police in a northwestern Minneapolis suburb say dozens of "unsupervised juveniles" gathered at one of the city's parks on three straight days, becoming so "disorderly and dangerous" that multiple agencies responded and the park was temporarily closed.
Two teenagers are recovering from gunshot wounds and a man is in custody after a car was stolen in north Minneapolis early Thursday.
A man is dead after a shooting in north Minneapolis early Thursday, according to police.
Nurses and physicians at Hennepin Healthcare in downtown Minneapolis, home to the first level-one and busiest trauma center in Minnesota, on Wednesday urged the state Legislature to throw the hospital a lifeline — and fast.
Ramsey County, Minnesota, health officials say the county had its first case of mumps reported in about five years.
The Supreme Court's 8-1 ruling siding with a Colorado counselor who claimed the state's restriction unconstitutionally censored her conversations with young patients does not immediately strike down Minnesota's law.
The produce section at grocery stores is packed with nutrient-dense foods. Certain fruits and vegetables, in particular, are packed with fiber, and a new diet trend has people "maxxing" out on it.
Deputy Fire Marshal Shawn Johnson, 61, died March 5 after a two-year battle with job-related cancer, the Minnetonka Fire Department announced.
A federal judge in New York has tossed out actor Blake Lively's sexual harassment claims against actor Justin Baldoni over their roles in the movie "It Ends With Us," but left intact a claim for retaliation.
A Las Vegas performer has sued Taylor Swift over the title of her hit album "The Life of a Showgirl," alleging it violates the performer's trademark.
A Minnesota singer has made the big time, signing his first record deal after 43 years in the music business.
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
Three of the most iconic '90s music groups are joining forces at this year's Minnesota State Fair.
Jalen Duren had 22 points and 14 rebounds, Daniss Jenkins scored 26 and the Detroit Pistons beat the Minnesota Timberwolves 113-108 on Thursday night as both teams were without a superstar.
Taj Bradley pitched six innings of five-hit ball while Matt Wallner, Kody Clemens and Josh Bell each hit solo shots in the ninth, helping the Twins to a 5-1 victory over the Royals.
Anthony Edwards is ineligible for NBA postseason awards because he can't reach the 65-game minimum after the Minnesota Timberwolves ruled out him out against the Detroit Pistons.
Preparations were underway Thursday at Target Field as the Minnesota Twins got ready for their home opener.
A new, unique partnership between the Minnesota Wild and the University of St. Thomas is helping both the players and engineering students.
Julie Le, who was removed from her post after telling a judge "this job sucks," is now challenging Rep. Ilhan Omar in Minnesota's 5th District.
In 2025, the entire U.S. Attorney's office had 77 immigration detention cases, she said. In January 2026, she alone was assigned 88 cases.
One of the most heated issues remains immigration, where Craig has walked back her support for the Laken Riley Act.
With the DFL nominating convention just eight weeks away, polls that have come out show Peggy Flanagan in the lead for U.S. Senate over Angie Craig.
A DFL senator argues that President Donald Trump's decision to allow prediction market sites in all 50 states means Minnesota should regulate sports betting rather than leave it uncontrolled.
Shattuck-St. Mary's is more than a hockey school, but hockey has helped put the school on the map. They have banners and big names to prove it, though the real evidence lies with a man called Rooster.
Opening Day for the Minnesota Twins is almost here. And across town, the St. Paul Saints are getting ready for their season, too, with some added history.
The Nuss Collection is home to a lot of vintage trucks.
Denis Doyle was born in Kilkenny, Ireland. He emigrated to the U.S. and in 1856, Doyle traveled to Le Sueur County. Other Irish immigrants joined Doyle and the town was born.
One of the oldest operating theaters in the Midwest is in danger of closing its doors for good.
It's estimated that children playing with fire set more than 20,000 fires every year. On average, the fires they start cause nearly 1,000 injuries and 150 deaths each year.
As we all pay more to fuel our cars, drivers might miss the savings hidden right at the pump. It comes down to timing, then adjusting your routine.
The produce section at grocery stores is packed with nutrient-dense foods. Certain fruits and vegetables, in particular, are packed with fiber, and a new diet trend has people "maxxing" out on it.
Minnesota's recent swing from heavy snow to record heat is a recipe for rocky roads.
Heavy snow followed by bitter cold hit Minnesotans with a double whammy of winter. The good news is spring-like weather is right around the corner, but its quick arrival could spell trouble for homeowners.
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.
The Minnesota State Fair has unveiled its new food, drinks and vendors for 2025.
WCCO meteorologist Chris Shaffer says precipitation will clear out for a mostly cloudy and dry morning commute Friday.
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.
The Twin Cities will see a slight break in the rain before another system moves through on Friday.
We could see some flakes in the mix on a cold and windy Saturday. It will be all snow up north with several inches possible, WCCO meteorologist Mike Augustyniak reports.
Winter weather alerts remain in place in Minnesota Thursday as a strong storm slings ice and snow across the state.
WCCO meteorologist Chris Shaffer says precipitation will clear out for a mostly cloudy and dry morning commute Friday.
With dreary weather, it hardly feels like baseball season, but we're less than 24 hours from the Twins home opener. Photojournalist Joe van Ryn and Ubah Ali take us to Target Field.
A suburban police chief says he's considering charging the parents of the kids behind a chaotic teen takeover at a city park. As Jason Rantala reports, Crystal's top cop is fed up after years of the bad behavior.
The state is cashing in on cannabis. Sales of adult-use weed and hemp products in Minnesota hit $210 million last year. That brought in more than $27 million in tax revenue. More is likely to come as the legal market ramps up. But as Caroline Cummings reports, there are still some growing pains with going green.
The Twin Cities will see a slight break in the rain before another system moves through on Friday.