business
Trevor Cook’s $194 million Currency Fraud
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Receiver in Cook fraud widens net in a bid to recover millions
Judge approves the hiring of top legal talent to pursue claims against individuals and entities who facilitated a fraud scheme that defrauded hundreds of investors. Updated Oct. 20, 2011
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Trevor Cook, a former Apple Valley money manager with a penchant for strong drink and loose women, ran a Ponzi scheme that lured more than 700 investors to the foreign exchange market on promises of safety and liquidity. Cook was sentenced in August 2010 to a 25-year sentence, and several of his former partners have been charged in an alleged conspiracy with tentacles that reached out to Europe, the Middle East, Canada and Central America. Investors, mostly retirees, face grim prospects of recovering more than pennies on the dollar.
Trevor Cook
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New charges in Cook case?
Article By: DAN BROWNING ,Star Tribune Publish October 20, 2011 2:00 AM / Update October 19, 2011 10:43 PMProsecutors seek a trial delay as they seek to charge three associates with more crimes.
Former radio talk show host Pat Kiley
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Conflicts entangle Kiley's Georgia lawyer
Article By: DAN BROWNING , Star Tribune Publish October 7, 2011 2:00 AM / Update October 7, 2011 2:54 PMProsecutors want a judge to determine whether Pat Kiley needs a new attorney before going to trial.
o Beckman says the charges against him are trumped up, and he denies taking investor funds for himself.
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Beckman says he was no 'ringleader' in Cook's scheme
Article By: DAN BROWNING , Star Tribune Publish July 31, 2011 2:00 AM / Update August 3, 2011 7:28 AMA money manager faces charges of participating in the $194 million Ponzi fraud.
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Casting a wide net
Article By: RAYMOND GRUMNEY , Publish / Update November 25, 2009 9:33 AMThis map shows where money, from a currency investment program promoted by some Twin Cities money managers that imploded in July came from. It represents just a portion of the more than 1,000 investors that government regulators say bought into the currency investment.
Durand, Beckman, Kiley
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Radio host gets charged in Ponzi scheme
Article By: DAN BROWNING , Star Tribune Publish July 21, 2011 2:00 AM / Update July 20, 2011 10:28 PMPat Kiley is among three associates of Trevor Cook's to face federal charges.
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Vet admits lying to feds about Cook Ponzi loot
Article By: DAN BROWNING , Star Tribune Publish July 19, 2011 2:00 AM / Update July 18, 2011 9:24 PMThe ex-Minnesota National Guardsman stashed coins and currency at the Mall of America.
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Trevor Cook's associate pleads guilty in scheme
Article By: DAN BROWNING , Star Tribune Publish June 22, 2011 2:00 AM / Update June 21, 2011 9:39 PMA Twin Cities money manager hopes to soften his sentence by helping federal investigation.
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Plymouth broker is third to be charged in Cook's Ponzi scheme
Article By: DAN BROWNING , Star Tribune Publish June 14, 2011 2:00 AM / Update June 13, 2011 9:41 PMFeds say he lent credibility to Cook's fraud scheme and willingly helped defraud investors.
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Feds target longtime associate of Cook's
Article By: DAN BROWNING , Star Tribune Publish May 19, 2011 2:00 AM / Update August 17, 2011 2:38 PMWarrants show they are looking at Gerald Durand, who did business with him for years.
Trevor Cook items
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Contempt motion from receiver in Trevor Cook case targets banks
Article By: DAN BROWNING , Star Tribune Publish April 9, 2011 2:00 AM / Update April 9, 2011 9:52 AMR.J. Zayed says four big financial institutions flouted court orders to turn over financial information in the Ponzi case.
Trevor Cook
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Trevor Cook case entangles Iraq veteran
Article By: DAN BROWNING , Star Tribune Publish March 24, 2011 2:00 AM / Update March 23, 2011 9:17 PMAuthorities say Minnesota National Guard vet Jon Greco lied about hiding $150,000 in assets from court-appointed receiver.
Jason Bo-Alan Beckman
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Judge freezes Beckman's assets
Article By: DAN BROWNING , Star Tribune Publish March 9, 2011 2:00 AM / Update March 8, 2011 9:36 PMThe SEC says the Twin Cities money manager shared "managerial control" in Trevor Cook's $194 million Ponzi scheme.
Jason Bo-Alan Beckman
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New charges in $194 million Ponzi scheme
Article By: DAN BROWNING and DAVID PHELPS , Star Tribune staff writers Publish March 8, 2011 2:00 AM / Update March 7, 2011 11:53 PMFeds say money manager Bo Beckman bilked investors to fund his "high-end lifestyle."
Jason Bo Beckman.
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Victims in Cook scheme may have to share
Article By: DAN BROWNING , Star Tribune Publish February 26, 2011 2:00 AM / Update February 25, 2011 11:08 PMThe receiver in the case says settlements involving Trevor Cook's business associate Bo Beckman should go to the receivership estate.
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Cook told to turn over passport, credit cards
Article By: DAN BROWNING , Star Tribune Publish December 12, 2009 2:00 AM / Update December 11, 2009 7:26 PMBut the man accused of cheating investors of more than $191 million avoided being jailed.
Bo Beckman
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Ex-Trevor Cook associate faces foreclosure on home
Article By: DAN BROWNING , Star Tribune Publish February 12, 2011 2:00 AM / Update February 11, 2011 8:18 PMBo Beckman, who tried to buy a piece of the Minnesota Wild a few years ago, was a former associate of convicted fraudster Trevor Cook.
Jason (Bo) Beckman
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Trevor Cook's fraud dogs Arizona salesmen
Article By: DAN BROWNING , Star Tribune Publish November 20, 2010 2:00 AM / Update November 19, 2010 10:52 PMRegulators seek sanctions against two insurance salesmen who allegedly funneled clients into Trevor Cook's Ponzi scheme.
Pat Kiley
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Kiley denies role in Cook Ponzi scheme
Article By: DAN BROWNING , Star Tribune Publish October 15, 2010 2:00 AM / Update October 14, 2010 9:04 PMTalk-show host Pat Kiley alleged that his former lawyers had taken orders from convicted schemer Trevor Cook.
Trevor Cook
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Trevor Cook's words leave the judge unmoved
Article By: DAN BROWNING , Star Tribune Publish September 30, 2010 2:00 AM / Update September 29, 2010 10:37 PMA federal judge won't clear a contempt finding, believing that Cook hasn't done enough to help investigators find missing cash.
Money seized from home of Trevor Cook's brother, Graham.
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Visit to Cook's brother uncovers valuables from basement cache
Article By: DAN BROWNING , Star Tribune Publish August 5, 2010 2:00 AM / Update August 5, 2010 12:32 AMTrevor Cook's bumbled lie detector test leads investigators to his brother Graham, who forked over cash, coins and other collectibles.
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Cook victims: Time is money
Article By: DAN BROWNING , Star Tribune Publish July 13, 2010 2:00 AM / Update July 12, 2010 9:49 PMBurned investors, contending that Trevor Cook hasn't helped recover their money, are asking that his sentencing be delayed.
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Cook's Ponzi fallout hits Minnetonka advisory firm
Article By: DAN BROWNING , Star Tribune Publish May 20, 2010 2:00 AM / Update May 19, 2010 9:25 PMA suit says "toxic shareholder" Trevor Cook wasn't the only problem at Mesa Holdings.
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Minneapolis money manager Trevor Cook's wife avoids federal contempt citation
Article By: DAN BROWNING , Star Tribune Publish April 29, 2010 2:00 AM / Update April 29, 2010 5:36 AMGina Cook could face jail if she damages the house or tries to sell it again without approval.
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Hopes of cash stash dashed in Minneapolis money manager Trevor Cook case
Article By: DAN BROWNING , Star Tribune Publish April 27, 2010 2:00 AM / Update April 27, 2010 5:22 AMTrevor Cook's plea deal required his cooperation in finding hidden assets. Now the confessed con man says there aren't any.
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Trevor Cook's wife takes the hot seat
Article By: DAN BROWNING , Star Tribune Publish April 28, 2010 2:00 AM / Update April 27, 2010 2:03 PMGina Cook faces contempt motion for trying to sell her house without a receiver's approval.
6 Cook cars
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Fast-living Cook's wheels on the block
Article By: DAN BROWNING , Star Tribune Publish February 12, 2010 2:00 AM / Update February 11, 2010 10:26 PMAmong Trevor Cook's cars up for auction is a wolf-in-sheep's-clothing Audi RS600 sedan that does 200 mph.
Trevor Cook
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Two faces of Trevor Cook
Article By: DAN BROWNING , Star Tribune Publish January 31, 2010 2:00 AM / Update February 3, 2010 9:30 AMInvestors trusted him with millions, but the government says he blew their money. He racked up huge gambling losses, hosted drunken parties in his mansion and lavished cash on exotic dancers.
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Trevor Cook's cohorts
Publish January 31, 2010 2:00 AM / Update February 3, 2010 6:25 AM-
Trevor Cook's ally won't be trading for 3 years
Article By: DAN BROWNING , Star Tribune Publish January 28, 2010 2:00 AM / Update January 27, 2010 9:08 PM-
Cook caught on video at Cub with a wad of cash
Article By: DAN BROWNING , Star Tribune Publish January 13, 2010 2:00 AM / Update January 13, 2010 5:30 PMAn employee kept cameras trained on Ponzi suspect all the way to shiny Lexus in parking lot.
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Trevor Cook takes Fifth; his investors to get cents on dollar
Article By: DAN BROWNING , Star Tribune Publish December 5, 2009 2:00 AM / Update December 4, 2009 11:10 PMThe high-flying capital investor declined to answer questions, including why he shifted $948K to his in-laws.
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Ponzi scheme suspect liked cars -- and his submarine
Article By: DAN BROWNING , Star Tribune Publish November 26, 2009 2:00 AM / Update November 26, 2009 12:06 AM-
2 charged with running $190M Ponzi scheme
Article By: DAN BROWNING , Star Tribune Publish November 25, 2009 2:00 AM / Update November 25, 2009 9:33 AMU.S. regulators bring down the hammer on money managers pitching a suspect currency investment.
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Adviser tracks clients' cash to Panama
Article By: DAN BROWNING , Star Tribune Publish November 8, 2009 2:00 AM / Update November 8, 2009 12:48 AMA Minneapolis money manager has tied up land and bank accounts in a frantic search for missing funds.
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Accused forger says accuser did the forging
Article By: DAN BROWNING , Star Tribune Publish November 7, 2009 2:00 AM / Update November 7, 2009 10:03 AMBo Beckman points the finger at Trevor Cook, who earlier had pointed the finger at Beckman.
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Oxford Group records won't be hidden
Article By: DAN BROWNING , Star Tribune Publish November 3, 2009 2:00 AM / Update November 2, 2009 8:50 PMA magistrate judge orders public filings in lawsuit over a suspect foreign currency investment program.
Pat Kiley, Trevor Cook
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Feds had early clues in currency case
Article By: DAN BROWNING , Star Tribune Publish October 25, 2009 2:00 AM / Update October 28, 2009 8:04 AMAgencies received complaints about a currency investment program for months before a group of investors filed suit in July.
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Judge rejects delay of SEC probe in currency case
Article By: DAN BROWNING , Star Tribune Publish October 23, 2009 2:00 AM / Update October 22, 2009 8:01 PMThe Van Dusen Mansion
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Suit: Scam aimed to buy into Wild
Article By: DAN BROWNING , Star Tribune Publish October 17, 2009 2:00 AM / Update October 16, 2009 9:26 PMTrevor Cook claims ex-associate Bo Beckman tried to finesse a $2.6 million mansion out from under him.
Billboard in downtown Panama City
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Investors fear money went south -- to Panama
Article By: DAN BROWNING , Star Tribune Publish October 1, 2009 2:00 AM / Update October 1, 2009 8:58 AMInvestors trying to recover money from a foreign currency program run by Twin Cities money managers follow the trail to Panama.
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Still wondering: Where's the money?
Article By: DAN BROWNING , Star Tribune Publish September 19, 2009 2:00 AM / Update September 18, 2009 11:15 PMTwo money managers in a legal morass over currency investments were in court to try to explain the program. But they couldn't answer the big question.
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Twin Cities investment advisers focus of probe
Article By: DAN BROWNING , Star Tribune Publish September 16, 2009 2:00 AM / Update September 16, 2009 12:30 AMTrevor Cook and radio talk show host Pat Kiley are the focus of a federal grand jury proceeding, recent court filings indicate.
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Investment fraud suit grows more complex
Article By: DAN BROWNING , Star Tribune Publish September 11, 2009 2:00 AM / Update September 12, 2009 12:04 AMThe lawsuit, now unsealed, has a 146-page complaint amendment with 57 plaintiffs and three additional defendants.
Bo Beckman
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Investment lawsuit is a court-ordered mystery
Article By: DAN BROWNING , Star Tribune Publish September 10, 2009 2:00 AM / Update September 9, 2009 11:36 PMThe Star Tribune seeks to unseal legal documents related to a controversial foreign currency investment strategy.
Van Dusen mansion
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Who owns the Van Dusen mansion?
Article By: DAN BROWNING , Star Tribune Publish September 3, 2009 2:00 AM / Update September 3, 2009 5:34 PMAn investment adviser and his wife say someone forged signatures in an attempt to steal the Van Dusen mansion.
Pat Kiley
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False prophet, false profits?
Article By: DAN BROWNING , Star Tribune Publish August 30, 2009 2:00 AM / Update September 2, 2009 8:17 AMPat Kiley told listeners to a Christian radio network he could protect their wealth. Now investors fear they're out millions.
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Where's our money? new lawsuit asks Oxford firms
Article By: DAN BROWNING , Star Tribune Publish September 1, 2009 2:00 AM / Update August 31, 2009 8:25 PMThe mystery of missing funds in a foreign currency investment grows deeper, as accusations fly in yet another courtroom action.
Trevor Cook
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Minn. investors learn money trail has weird turns
Article By: DAN BROWNING , Star Tribune Publish August 1, 2009 2:00 AM / Update August 1, 2009 10:33 AMDozens of Minnesotans who trusted Trevor Cook with their savings learned it may have vanished abroad.
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Investors sue to get $5M back from Twin Cities entities
Article By: DAN BROWNING , Star Tribune Publish July 25, 2009 2:00 AM / Update July 30, 2009 11:07 AMThe investors want $5 million back from a collection of Twin Cities entities and say hundreds of other investors may be at risk.
The Van Dusen Mansion
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July 12: Record casts doubt on money manager
Article By: DAN BROWNING , Star Tribune Publish July 12, 2009 2:00 AM / Update July 12, 2009 6:44 AMA trail of lawsuits - two by his mother - and inquiries dogged Bo Beckman.
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Twin Cities advisers accused of fraud, mismanagement
Article By: DAN BROWNING , Star Tribune Publish July 9, 2009 2:00 AM / Update July 9, 2009 1:09 AMA federal lawsuit alleges that Ohio families couldn't get their life savings out of investment accounts with local businesses.
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