News tagged with “minnesota businessman”. Found:
5 tagged news reports.
Your Search Returned 5 tagged news reports
Prosecutors blame Petters for $3.5B fraud
Saint Paul :: Canada | about 13 hours ago
Credibility
Minn. — A federal prosecutor has asked a jury to hold Minnesota businessman Tom Petters responsible for a massive fraud at his company. In closing arguments Monday, prosecutor Jon Marti said Petters lied on the stand last week when he blamed the fraud...
Tags: Tom Petters, Minnesota, Ponzi, minnesota businessman, closing arguments, Canada, Saint Paul, Jury, Fraud, Ponzi scheme, Legal procedure, Charles Ponzi, Business Finance, Law Crime, Petters Group Worldwide, Sun Country Airlines, Confidence tricksters, economics, Fingerhut, Prosecutor
Petters blames top associates for alleged fraud scheme that cost investors $3.65B
Saint Paul :: Canada | 4 days ago
Credibility Minnesota businessman Tom Petters put the blame squarely on several of his trusted friends Wednesday for the $3.65 billion fraud carried out at Petters Co...Testifying for the second day in his fraud trial, Petters said two PCI vice presidents, Deanna...
Tags: Tom Petters, Petters Co., Minnesota, PCI, businessman tom, minnesota businessman, Canada, Saint Paul, Fraud, Charles Ponzi, Law Crime, Conventional PCI, Petters Group Worldwide, Sun Country Airlines, Fingerhut
IRS agent testifies in Petters' fraud trial
Minnetonka :: MN :: USA | 7 days ago
Credibility Petters associate explains how alleged scam worked A key figure in the case of a Minnesota businessman accused of orchestrating a massive Ponzi scheme acknowledged Monday that he was a disbarred lawyer with a criminal record who had entered the federal...
Tags: Deanna Coleman, Petters Co, Tom Petters, ponzi scheme, Minnesota, minnesota businessman, businessman accused, Inc., billion fraud, massive ponzi, Minnetonka, Deception, Petters Group Worldwide, Law Crime
Petters investor money went toward bonuses, Coleman testifies
Saint Paul :: Canada | 21 days ago
Credibility 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...
Tags: Deanna Coleman, Tom Petters, businessman tom, ponzi scheme, star witnesses, billion ponzi, Minnesota, Ponzi, minnesota businessman, businessman accused
Petters investor charged in fraud
Washington :: DC :: USA | 4 months ago
Credibility In the latest twist in the federal racketeering case against Minnesota businessman Tom Petters, federal authorities say a hedge fund manager who claimed to be the biggest victim of Petters' alleged Ponzi scheme was actually a participant in it. The Securities...
Tags: Ponzi, ponzi scheme, Minnesota, Lancelot Investment Management, minnesota businessman, hedge fund
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