James Fry, the local hedge-fund manager who helped raise millions for Petters Cos. Inc., faces 12 counts of fraud in...
Updated: June 11, 2013, - 09:56 PM
Prosecution said hedge fund manager James Fry lied to investors, pocketed millions. Defense said he didn’t know about Ponzi scheme.
Updated: June 10, 2013, - 09:13 PM
Deanna Coleman, Petters’ No. 2 executive, testified that Frank Vennes knew of the Ponzi scheme.
Updated: June 06, 2013, - 09:28 PM
Frank Vennes, testifying in court for the first time in a Petters-related case, said he thought the deals were legitimate.
Updated: June 05, 2013, - 09:06 PM
Michelle Palm was cross-examined by attorney of hedge fund manager James Fry, who says he’s innocent in the $3.65 billion...
Updated: May 31, 2013, - 08:13 PM
Michelle Palm, who worked for owner James Fry, said at his trial that hiding the source of Tom Petters’ payments...
Updated: May 30, 2013, - 11:18 PM
With the Petters-related trial at the halfway point, several key witnesses are waiting to take the stand.
Updated: May 29, 2013, - 08:03 PM
Fund manager sought new investors as Petters fraud began to come apart, a former executive testifies at Fry’s trial.
Updated: May 28, 2013, - 08:49 PM
Petters associate’s admission about past led Barclays Bank executive to halt a line of credit.
Updated: May 21, 2013, - 09:01 PM