Assets recovered from large Ponzi scheme reach $722 million
MINNEAPOLIS – A bankruptcy trustee’s search to recover assets linked to one of the largest financial crimes in Minnesota’s history has netted $722 million. Doug Kelley says his work to collect assets from Tom Petters’ $1.9 billion Ponzi scheme is nearly done 13 years after the search began. Petters, now 63, was indicted in 2008 on multiple counts of mail…
