Three real estate professionals were charged Thursday in connection with a scheme through which they allegedly defrauded mortgage lenders out of $4.2 million, according to the U.S. Attorney's Office in
Tag: News
An Eden Prairie business owner was charged with one count of wire fraud and one count of money laundering on Wednesday, Minnesota's U.S. Attorney's office said. Travis Scott, 34, is
Catalog and online retailer Bluestem Brands, Inc., has filed an initial registration statement for an initial public offering (IPO) that could raise up to $150 million. The Eden Prairie-based company-which
Lamberton-based Highwater Ethanol, LLC, has agreed to pay $150,000 to resolve "numerous" violations of its air-quality and water-quality permits. According to the Minnesota Pollution Control Agency (MPCA), the company has
More than two years after Lennar Corporation bought lots in Martin Farms-a troubled development in Otsego-the company has purchased an additional 72 lots, according to the Star Tribune. The Minneapolis
Minnetonka-based start-up Medisyn Technologies has licensed a number of new food ingredients to Kraft Foods that could provide health and wellness benefits. The compounds were uncovered as a result of
One day after three Florida men were charged with securities fraud related to Tom Petters' $3.65 billion Ponzi scheme, two of them pleaded guilty in federal court in St. Paul.
CB Richard Ellis is expanding its client-accounting services department in Bloomington with the addition of 125 jobs. The additional positions are the result of a combination of organic growth and
The Minnesota Department of Natural Resources (DNR) on Thursday will begin auctioning off mineral leases for 621 parcels of land where deposits are likely to be found, according to a
The American Public Media Group (APMG) on Wednesday announced that it has selected Jon McTaggart as its new CEO. McTaggart, who was previously chief operating officer at APMG, will replace
Best Buy Company, Inc., founder and Chairman Richard Schulze will hold on to 585,000 shares of the company that he recently acquired through options exercises-a move that analysts say signals
Plans to develop the vacant 128-acre site in Woodbury that was formerly home to State Farm may have hit a road block. St. Paul-based Wellington Management, Inc., in September told
In order to balance its budget this year and reduce expenses for the upcoming fiscal year, the Minneapolis Institute of Arts (MIA) has cut 10 positions from its staff. The
Fallen auto mogul Denny Hecker may not have escaped charges that he defrauded Chrysler Financial Services and other lenders of millions of dollars, but it seems he won't face charges
Minneapolis-based ad agency Olson earlier this week signed a long-term lease to occupy 125,000 square feet of space in the soon-to-be renovated Ford Center, an 11-story building located in Minneapolis'
Restaurant Technologies, Inc. (RTI), an Eagan-based cooking oil management company, on Wednesday announced that it has been sold to a European private equity firm. Guernsey-based EQT Infrastructure signed a definitive
Little Canada-based St. Jude Medical announced Wednesday that its first-quarter earnings declined slightly, largely due to a decrease of international sales in Japan and costs related to the company's acquisition
The Tom Petters saga continues to unravel, as three men from Florida have been charged for securities fraud related to the marketing of a hedge fund's investments in Petters Company,