David Phelps
Reporter | Business Enterprise
Phone: 612-673-7269
E-mail: dphelps@startribune.com
David Phelps is a general assignment reporter for Business.
Recent content from David Phelps
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Accountant: Petters execs misused investor cash
After government raids, a worried investor said that Tom Petters told him, "Everything would be fine."
Nov 10, 2009 -
Witness details activities, deals with Petters
Jurors in Tom Petters' trial listened to a secret tape of the defendant after hearing testimony from an associate with deep criminal background.
Nov 9, 2009 -
Petters investors may see 'clawbacks'
Those who made millions before Wayzata businessman Tom Petters' businesses collapsed will likely face court efforts to take back that money.
Nov 6, 2009 -
Petters' pal: I lost $26M, best friend
Twin Cities restaurateur Dean Vlahos painted a trail of deception and betrayal by Wayzata businessman Tom Petters after their close personal relationship went disastrously wrong, financially, for both men.
Nov 5, 2009 -
'Petters: 'It's not just me who knew'
In a tape played for the jury, Tom Petters says he and his associates committed a fraud.
Nov 4, 2009 -
Petters feared mob hit
Whistle-blower Deanna Coleman tells jury she saw no sign that his life was in danger.
Nov 4, 2009 -
Petters trial: Betrayed trust, hidden recorders
The intimate who told the feds about Tom Petters' business deals described the alleged fraud in court.
Nov 3, 2009 -
In a federal courtroom Monday, Deanna Coleman recalled the day last year that she stepped into the office of her boss, Wayzata businessman Tom Petters, to discuss the growing pressure from his investors who were sick of excuses and wanted to be repaid.
In a federal courtroom Monday, Deanna Coleman recalled the day last year that she stepped into the office of her boss, Wayzata businessman Tom Petters, to discuss the growing pressure from his investors who were sick of excuses and wanted to be repaid.
Nov 2, 2009 -
Friday: Petters pressed for quick deals, investor testifies
An Interlachen Capital investment manager says the Wayzata businessman also thwarted efforts to investigate inventories.
Nov 2, 2009 -
Witnesses saw signs of fraud in 2000
With a subsidiary struggling to repay debt, Tom Petters wrote checks that bounced, GE exec Jack Marrone testified.
Oct 30, 2009