Petters investor money went toward bonuses, Coleman testifies
Deanna Coleman, the executive who blew the whistle on her boss, Wayzata businessman Tom Petters, described this morning how millions of dollars investors' money was funneled from Petters Co...Coleman, who served as vice president of operations at Petters Co.
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READ MORE: Deanna Coleman, Tom Petters, businessman tom, ponzi scheme, star witnesses, billion ponzi, Minnesota, Ponzi, minnesota businessman, businessman accused
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New Jersey criminal corruption sting largest in history
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By Michael Webster: Syndicated Investigative Reporter. Nov 3, 2009 7:30 PM PST Solomon Dwek, the wire wearing FBI informant turned witness for the federal government in the largest New Jersey criminal corruption sting in its history emerged recently from the federal protection program long enough to plead guilty to a $50 ...
21 days ago
News Stories
- News Source: San Francisco Chronicle | 21 days agoA key aide to a businessman accused of a multibillion-dollar fraud says investors who thought their money was going toward merchandise sales were funding millions in employee bonuses. More Business Whistleblower Deanna Coleman was testifying...
- News Source: Minneapolis Star Tribune | 21 days agoDeanna Coleman, the executive who blew the whistle on her boss, Wayzata businessman Tom Petters, described this morning how millions of dollars investors' money was funneled from Petters Co...Coleman, who served as vice president of operations at...
- News Source: Star Tribune | 22 days agoA longtime aide to a Minnesota businessman accused of operating a $3.65 billion Ponzi scheme said Monday that he was struggling to find new money and hold off nervous investors by the time she went to federal prosecutors to report the alleged scheme.
- News Source: Reuters | 22 days agoAccused Ponzi schemer Tom Petters tried to put off an audit of his businesses shortly before they collapsed, the government's star witness testified on Monday. Deanna Coleman, the whistle-blower for the estimated $3.65 billion alleged fraud, also...
- News Source: Star Tribune | 22 days agoThe government's star witness in the trial of Wayzata businessman Tom Petters took the stand at 9:30 a.m. today and described how she secretly recorded their conversations on the day she walked into the U.S. Attorney's office in Minneapolis last year...
- News Source: Seattle Times | 22 days agoMinn. — The longtime aide of a businessman accused of operating a $3.65 billion Ponzi scheme is testifying that he was struggling to find new money and hold off nervous investors. Deanna Coleman is one of the prosecution's star witnesses in the...
Blogs
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- Blog Source: patrickpretty.comMinneapolis/St. Paul has Tom Petters, accused of operating a $3.65 billion Ponzi scheme by deceiving investors into thinking they were financing his company's.
- Blog Source: blog.taragana.comInvestor details $60M lost in alleged Petters scam ST. PAUL, Minn. — Jurors in a Minnesota businessman's fraud trial heard Friday how one hedge fund was fooled into losing $60 million in what prosecutors call one of the largest Ponzi ...
- Blog Source: blogs.wsj.comTo paraphrase Jeff Foxworthy, you know you're up against it when . . . the government has a tape of you acknowledging about your company that 'This is one big f---- fraud.' But such, it seems, is the situation confronting Tom Petters, ...
- Blog Source: www.huffingtonpost.comOct. 29 (Bloomberg) -- Petters Group Worldwide LLC founder Thomas Petters, charged with overseeing a $3.5 billion Ponzi scheme, admitted he knew his phony deals over electronic equipment amounted to a crime, a prosecutor said.
- Blog Source: minnesota.publicradio.orgThe trial of businessman Tom Petters, who stands accused of running a Ponzi scheme that cheated investors out of some $3.5 billion, gets underway today with the selection of jurors.
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Image Source: www.angelsfortruth.comA whistleblower that was on a ...Image Source: www.angelsfortruth.comA whistleblower that was on a team ... -
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Videos
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- Video Source: www.truveo.comPetters Whistleblower Recounts ...Video Source: www.truveo.comPetters Whistleblower Recounts Money Problems
- Video Source: www.truveo.comTom Petters On Trial For $3.5 ...Video Source: www.truveo.comTom Petters On Trial For $3.5 Billion Ponzi Scheme
- Video Source: www.truveo.comTom Petters On Trial For $3.5 ...Video Source: www.truveo.comTom Petters On Trial For $3.5 Billion Ponzi Scheme
- Video Source: www.truveo.comDefense: Petters Didn’t ...Video Source: www.truveo.comDefense: Petters Didn’t Engineer Ponzi Scheme
- Video Source: www.truveo.comFirst Witness Takes Stand In ...Video Source: www.truveo.comFirst Witness Takes Stand In Petters Trial
- Video Source: www.truveo.com
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@echasan Petters eyed delaying audit in Ponzi case, star witness says http://www.reuters.com/article/rbssRetai
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