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Where Key Players in Hecker, Petters Cases Are Today

A report by the Pioneer Press provides a summary of each of the defendants from the Tom Petters and Denny Hecker scandals-including where they are today, and for many, when they're expected to be released from prison.
July 28, 2011

After two Minnesota business empires crumbled due to high-profile scandals and accusations of fraud, their leaders-Tom Petters and Denny Hecker-are serving prison sentences.

Petters was sentenced to 50 years in prison for running a Ponzi scheme that defrauded investors an estimated $3.65 billion. He's doing time in a medium-security facility in Leavenworth, Kansas.

Hecker, meanwhile, received a 10-year sentence for two fraud charges connected to his attempts to defraud Chrysler Financial Services, LLC, and other lenders of millions of dollars.

A recent report by the Pioneer Press looks at where the two former business leaders, along with some of their key associates, are today.

Deanna Coleman, for example, received a one-year sentence for her role in Petters' Ponzi scheme. She was a whistleblower in the case, and is expected to be released later this month.

 

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