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Cohort in Cook Scheme Admits He Lied About Assets

Jon Jason Greco admitted that he lied to investigators last summer about money and coins that he stashed in a Mall of America locker; but, according to the Star Tribune, he insisted in court on Monday that he didn't know they belonged to Ponzi scheme operator Trevor Cook.

IT Staffing Firm to Hire 80 at New Mpls Office

Digital Intelligence Systems Corporation said that it intends to fill approximately 80 positions in its consulting, internal sales, recruiting, and support personnel teams with the opening of a new Minneapolis office.

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Real Estate Pros Anxious for End to State Shutdown

During the state shutdown, the Commerce Department isn't processing licenses and renewals for some real estate professionals-which is leaving some without work and keeping new agents from entering the field. And an extended shutdown would have a much larger impact, which could be felt by homeowners and prospective buyers.

ReelzChannel Viewers Up Since Kennedys Series Debut

Unique viewers now total between 8.5 million and 9 million-up substantially from about 3 million in January; on the success of The Kennedys miniseries, which debuted in April, ReelzChannel CEO Stan Hubbard plans to bring more miniseries to the network in the coming months.

U.S. Bank Pilots Wristband That Can Make Payments

Thousands of the bank's employees are testing a MasterCard-branded wristband that stores customers' financial information and can be used to make payments; the wristband also stores emergency contact and medical information.

Report: State, IRS Seek $2.5M in Petters Assets

The Pioneer Press reports that the Minnesota Department of Revenue and the IRS, which have identified tax liabilities dating back to 2004, are asking for $2.5 million in ill-gotten assets being controlled by receiver Doug Kelley.

New Mpls Running Tours Target Tourists, Biz Travelers

City Running Tours has entered Minneapolis and offers an outdoor, educational alternative to the monotonous treadmill. It's targeting both locals and tourists-and through a partnership with the Westin, it's aiming to attract business travelers.

Capella Buys U.K. Online Education Co. for $14.9M

The company, Resource Development International, develops and delivers online higher-education programs across the U.K.; its 2010 fiscal-year revenue totaled about $13.9 million, and Capella's CEO sees it as a business with "significant opportunity for long-term growth."

Cirrus Buyer Pledges to Keep Jobs in Duluth

While some Minnesotans worried that Cirrus' acquisition by a Chinese company could result in the elimination of Duluth jobs, both the acquiring company's leaders and the City of Duluth have reportedly pledged to support the business-and keep its operations in the northern Minnesota town.
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