Where Key Players in Hecker, Petters Cases Are Today
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.