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Tom Petters

VOTE: The Worst Financial Scandal Of All Time

The Huffington Post | Mark Gongloff | Posted 08.13.2012 | Business

Lots of people out there are saying the Libor scandal is the worst financial scandal of all time. But how can we even know such a thing? There's only ...

Victims In $3.6 Billion Ponzi Protest Court Process

Andrew Kreig | Posted 05.25.2011 | Business
Andrew Kreig

Victims of the $3.6 billion financial fraud by Minnesota businessman Tom Petters are justifiably angry about the federal victim-restitution process th...

Tom Petters Sentence: Prosecutors Ask For 335 Years In Prison For Minneasota Ponzi Schemer

Posted 05.25.2011 | Business

(AP - By STEVE KARNOWSKI) -- When Minnesota businessman Tom Petters' corporate empire collapsed, the losers in what prosecutors say was a $3.65 billio...

Bachmann Withdraws Pardon Request For Campaign Contributor Tied To $3 Billion Fraud Scheme

St. Cloud Times | Lawrence Schumacher | Posted 05.25.2011 | Politics

U.S. Rep. Michele Bachmann wrote a letter last year recommending a federal pardon for a major campaign contributor who was once convicted of felony mo...