The US: Petters Group Founder Gets 50-Year Term for $3.5 Billion Fraud

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April 12th, 2010

Petters Group Worldwide LLC founder Thomas Petters, convicted of orchestrating a $3.5 billion fraud scheme, was sentenced to 50 years in prison.

http://www.businessweek.com/news/2010-04-09/petters-group-founder-gets-50-year-term-for-3-5-billion-fraud.html