Frank Vennes, Jr., the born-again ex-convict, who helped Tom Petters raise more than $1 billion for a fraudulent Ponzi scheme, was sentenced Friday to 15 years in prison.
Vennes was sentenced by U.S. District Judge Richard Kyle to the full amount called for in Vennes' plea agreement with federal prosecutors, despite requests by attorneys for Vennes for a lesser sentence.
Vennes pleaded guilty to charges of aiding and abetting securities fraud and unlawful monetary activity more than a year ago.
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More From Star Tribune
More From Local
Local
Refusing emergency contraception is sex discrimination, Minnesota appeals court rules
Aitkin County woman sued after pharmacist refused to fill her prescription because of his personal beliefs.
Politics
Uber, Lyft pay causes Capitol conundrum after Minneapolis vote
Walz seeks statewide solution, asks City Hall to reconsider minimum pay levels.
Local
Minnesota dog breeders charged with starving German shepherds
15 dogs were taken from a farm outside LeRoy last month after deputies and veterinarians found kennels covered in feces and urine.
High Schools
Hers and his: Miss and Mr. Basketball finalists are revealed
The girls winner will come from a group of six seniors, and five players remain in contention for the boys honor.
High Schools
Metro boys basketball player of year: Much heftier, much better hooper.
Jackson McAndrew of Wayzata averaged a double-double, putting to good use the 45 muscular pounds he's gained since he was a very thin 6-9 sophomore.