Tom Petters

Victims In $3.6 Billion Ponzi Protest Court Process

Andrew Kreig | Posted 05.25.2011

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

(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

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...