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David Phelps of the Star Tribune has an article on Tom Petters in the Strib this morning.  Within the article, Phelps indicates that Petters’ attorneys are asking for leniency in sentencing because he has developed a tumor and may face the risk of blindness.  Check out this excerpt, and read the full story by clicking [...]

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The Strib is reporting that Tom Petters sentancing has been delayed again.  Here is an excerpt from a news brief, as well as a link to the full article:
The criminal sentencing of Wayzata businessman Tom Petters has been delayed a second time and is now scheduled for April 8 before U.S. District Judge Richard Kyle [...]

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The following information is from the United States Attorney’s Office, Disctrict of Minnesota.  Here you will find all the documents and exhibits used to convict Tom Petters in his ponzi scheme:
On December 2, 2009, after a month-long trial and five days of deliberation, a federal jury convicted Thomas Petters, 53, of Wayzata, of orchestrating a [...]

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As if we haven’t had enough Tom Petters coverage, the Star Tribune piles on with yet another story about the Wayzata businessman:
If the prosecution had considered Deanna Coleman, the longtime confidante of Tom Petters and ultimate informant, its key to convicting the Wayzata businessman, the jury didn’t buy it.
If the defense’s strategy was to portray [...]

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The Associated Press is reporting that Tom Petters is planning to appeal the Guilty conviction handed down from a jury this week.  Here is an excerpt of the article, as well as a link to the full story:
MINNEAPOLIS — With Minnesota businessman Tom Petters' planning to appeal his convictions in a Ponzi scheme that cost [...]

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Here is a press release from the FBI about Tom Petters Guilty Conviction:
ST. PAUL, MN—Late last night, a federal trial jury convicted Thomas Joseph Petters, 53, of Wayzata, Minn., of orchestrating a $3.65 billion Ponzi scheme. The verdict followed a month-long trial before U.S. District Court Judge Richard H. Kyle in the U.S. Courthouse in [...]

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Wayzata businessman Tom Petters was found guilty yesterday in a $3.5 billion fraud.  Jurors pointed primarily to the recordings that Deann Coleman helped investigators obtain.  Here are several stories that break down the conviction:
Petters Is Guilty in $3.5 Billion Merchandise Fraud
Bloomberg - Bob Van Voris, Beth Hawkins - ‎1 hour ago‎

Dec. 2 (Bloomberg) — Petters Group Worldwide [...]

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Petters jury to resume deliberations Monday
Minneapolis Star Tribune – David Phelps – ‎1 hour ago‎

AP newsbreak: Toyota to replace 3.8M gas pedals Jurors in the Tom Petters fraud trial recessed late Tuesday and will resume …
 

Panel in fraud trial to return Monday
Pioneer Press – John Welbes – ‎2 hours ago‎

LAS VEGAS – OCTOBER 15: Tom [...]

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Wayzata business man Tom Petters trial is coming to a close.  Here is an excerpt from a story that Fox 9 ran this morning, as well as a link to the full story:
ST. PAUL, Minn. – A jury will hear closing arguments today in the multi-billion dollar fraud trial of Tom Petters.
After weeks of testimony, [...]

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Tom Petters was on the stand for a second day, and blamed everyone underneath him at his companies for the $3 billion fraud perpatrated on Petters Group investors.  Here are several articles on the trial from yesterday:
Petters insists in testimony associates hid fraud
The Associated Press – Steve Karnowski – ‎3 hours ago‎
ST. PAUL, Minn. — [...]