Just a quick update on Tom Petters. Tom Petters’ attorneys will be paid, and the Polaroid asset sale seems to get more challenging:
Petters‘ defense lawyers get most of their fees
Minneapolis Star Tribune – 1 hour ago
By DAN BROWNING, Star Tribune AP NewsAlert The attorneys defending Wayzata businessman Tom Petters won a personal victory Wednesday. …
Lenders’ move could stymie sale of Polaroid
Minneapolis Star Tribune – 12 hours ago
Polaroid is one of the businesses that was held by Tom Petters, who is accused of running a giant Ponzi scheme. By DAVID PHELPS, Star Tribune AP NewsAlert …
Ten Simple Rules For Sidestepping Scams
Forbes – 17 hours ago
My firm, First Capital, turned down multiple requests to lend to Tom Petters… and his feeder funds. First Capital was also a lender to one of Allen
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