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Stories tagged with Thomas J. Petters

One Ponzi schemer eclipses another

By A. James Memmott   |   December 24, 2008 at 9:11am   |   0 Comments

What’s a Ponzi scheme got to do to get lasting respect? In October, Thomas J. Petters, a Minnesota businessman, was the talk of the business world for allegedly defrauding investors of $3 billion or more.

Michele Bachmann encounters more campaign funding problems

By A. James Memmott   |   October 27, 2008 at 12:44pm   |   1 Comments

Troubles mount for U.S. Rep. Michele Bachmann, a Republican from Minnesota seeking re-election.

Accused businessman Tom Petters gave piles of cash to nonprofits, politicians

By A. James Memmott   |   October 11, 2008 at 11:06am   |   6 Comments

Thomas J. Petters gave hundreds of thousands of dollars to political candidates, Democrats and Republicans alike. And he has given millions to institutions of higher education.


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