Trevor G. Cook was indicted, pleaded guilty, and was sentenced in August-to the maximum allowable sentence of 25 years-for running a $190 million Ponzi scheme that defrauded more than 1,000

It's been a whirlwind year for former auto mogul Denny Hecker, whose actions frequently generated headlines. Last year, his dynasty of auto dealerships, a rental car company, and other ventures

Denny Hecker admitted in recently filed court documents that he bought back his own property at a bankruptcy auction held earlier this year. According to court documents filed last month

Former auto mogul Denny Hecker attempted to get married Wednesday, but the government halted his plans, according to Minnesota's U.S. Attorney's Office. At a hearing in late October, Hecker was

Lynn E. Baker-often referred to as Ed Baker-was not a target of legal action when investigators were uncovering Trevor Cook's $190 million fraud scheme, although Cook invested funds from defrauded

U.S. District Judge Joan N. Ericksen on Monday issued an order freezing the assets of Steven Leach. Leach-a former executive of Denny Hecker-pleaded guilty last month to one count of

Federal prosecutors on Tuesday filed a brief in the Eighth District U.S. Court of Appeals outlining why the verdict in Tom Petters' case was fair-and why Petters' appeal should be

The U.S. Securities and Exchange Commission (SEC) has requested the appointment of a receiver to manage approximately $26 million in assets of Gregory Bell-a former hedge fund manager who was

U.S. District Court Judge Michael J. Davis on Friday ordered Denny Hecker to remain in custody until he is sentenced. The order states that Hecker has lost credibility with the

Six hundred sixty-eight investors who lost money in Trevor Cook's $190 million Ponzi scheme may soon get some of their money back-but likely not anywhere close to the sums they'd

A Monday hearing at which Denny Hecker requested to change attorneys concluded with the fallen auto mogul being taken into custody. The hearing took place in federal court in Minneapolis.

James Wehmhoff, the former accountant of Petters Group Worldwide and its founder Tom Petters, was sentenced Monday in St. Paul to one year of home detention, according to the U.S.

The U.S. Securities and Exchange Commission (SEC) on Thursday charged two Florida-based hedge fund managers and their funds with fraudulently funneling more than $1 billion of investor money into Tom

Marshall and Ilsley Bank (M&I Bank) is the next target in a long list of "clawback" lawsuits through which the bankruptcy trustee in the Tom Petters case is attempting to

U.S. Bankruptcy Judge Robert J. Kressel issued an order on Wednesday demanding that Denny Hecker and his girlfriend, Christi Rowan, turn over insurance checks-totaling about $109,000-that allegedly belong to the

A "clawback" lawsuit filed by the bankruptcy trustee in the Tom Petters case seeks to recoup at least $105.4 million in "false profits" from local hedge fund Arrowhead Capital Management,