Thomas Joseph Petters was an American businessman and was the chairman and CEO of Petters Group Worldwide, a company which stole over 2 billion dollars in a Ponzi scheme. He was convicted of massive business fraud in 2009 and is now imprisoned at the United States Penitentiary, Leavenworth. Amid mounting criminal investigations, Petters resigned as his company's CEO on September 29, 2008. He was convicted of numerous federal crimes for operating Petters Group Worldwide as a $3.65 billion Ponzi scheme and received a 50-year federal sentence.
Born |
11 July 1957 (age 67) St. Cloud, Minnesota, U.S.
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Zodiac | Cancer |
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