Harold Alan Katz, an Illinois hedge fund accountant who invested with Tom Petters, was sentenced Friday to one year and one day in prison for his role in Petters' $3.65

Former Illinois hedge fund manager Gregory Malcolm Bell was sentenced Thursday to six years in prison on one count of wire fraud for his involvement in convicted businessman Tom Petters'

Two of Tom Petters' former companies pled guilty Wednesday to their roles in the $3.65 billion Ponzi scheme orchestrated by their former leader. Assistant U.S. Attorney Joe Dixon confirmed by

Fallen auto mogul Denny Hecker may have pleaded guilty to two criminal counts earlier this month, but the court documents against him continue to pile up. On Wednesday, bankruptcy trustee

Two of Tom Petters' former companies will plead guilty to their roles in the $3.65 billion Ponzi scheme orchestrated by their former leader, according to the U.S. Attorney's Office in

Former employees of Petters Group Worldwide are being asked to return their year-end bonuses from previous years in order to help repay investors who lost money in Tom Petters' $3.65

Tom Petters accomplice Robert White was sentenced Wednesday to five years in prison for his role in Petters' $3.65 billion Ponzi scheme, according to court documents. In July, White-a consultant

Larry Reynolds, one of Tom Petters' co-conspirators and a businessman from Las Vegas, was sentenced Tuesday to 10 years and 10 months in prison for his involvement in Petters' $3.65

Denny Hecker will plead guilty on Tuesday to two criminal charges-one count of bankruptcy fraud and one related to conspiracy-according to Hecker's attorney, Brian Toder. A notice was filed with

Corey N. Johnston, a 40-year-old man from Lakeville, pleaded guilty Thursday to charges related to his operation of a Ponzi scheme-through which he defrauded at least 17 lenders of more

Travel restrictions, a curfew, and a GPS monitor are apparently insufficient for keeping Denny Hecker grounded as he waits for his October trial. The U.S. Attorney's Office wants him locked

Deanna Coleman, a former executive who blew the whistle on Tom Petters' $3.65 billion Ponzi scheme, was sentenced Thursday morning to one year and one day in prison. The sentence

The effects of the $3.78 billion Ponzi scheme spearheaded by former Wayzata businessman Tom Petters did not dissolve when he was sentenced in April to 50 years in prison. Minneapolis