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Convicted Fraudster Pleads Guilty in Another Scheme

Michael Joseph Krzyzaniak, who already served time in federal prison for his role in an investment scam, pleaded guilty Tuesday to one count of wire fraud and one count of income tax evasion in relation to a recent scheme.

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Convicted Fraudster Pleads Guilty in Another Scheme

Michael Joseph Krzyzaniak, who already served time in federal prison for his role in an investment scam, pleaded guilty Tuesday to one count of wire fraud and one count of income tax evasion in relation to a recent scheme.

Pursuit Vascular: Time to Bring in New CEO

The transition will give founder and former CEO Bob Ziebol more time to focus on getting regulatory approval for its device in Europe and the United States-and to pursue additional products.

Target Sells Rights to 39 Canada Sites to Wal-Mart

Target, which in January acquired leasehold interests for 220 Canadian sites in preparation for its expansion north of U.S. borders, has transferred the rights to 39 of those sites to Wal-Mart for an undisclosed sum.

Former DQ Leader May Buy Faribault Woolen Mills

Onetime-International Dairy Queen CEO Chuck Mooty and his cousin, Paul Mooty, have told Faribault officials that they are interested in buying the facility and reopening it as a woolen mill-but the current owner wants the City of Faribault to forgive $72,000 in utility bills first.

Mpls May Sue State During Shutdown Over $44M in Aid

The City of Minneapolis says that it has been allocated millions of dollars in state aid that doesn't require legislative action and should be paid regardless of whether a state government shutdown occurs; the city is now poised to sue the state if it doesn't receive the payments on time.

“Mystery Shoppers” Pose as Patients, Call MN Doctors

A new initiative by the Obama Administration will reportedly involve government contractors calling Minnesota's doctors' offices under the guise of being real patients; the effort, which some doctors oppose, will show whether physicians respond differently to patients with public or private insurance.

Pending U.S. Bill May Help Small Cos. Go Public

The Small Company Capital Formation Act of 2011-which will amend the Securities Act of 1933 and exempt small companies from certain rules when completing an initial public offering-is reportedly expected to clear the Financial Services Committee this year.
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