Well, it’s been eight days since Tom Petters was declared guilty on 20 counts of felony fraud. And the series of print ads pointing fingers at business associates of Petters and government prosecutors keeps growing and growing.
Archive for the ‘Breaking News’ Category
Petters print run continues, in the Pioneer Press
Friday, December 11th, 2009Racketeering and Corruption Lawsuit Filed Against Two Former Petters Executives
Wednesday, November 18th, 2009
CHICAGO, Nov. 18 /PRNewswire/ — Ritchie Capital Management, L.L.C., on behalf of itself and as administrative agent for a group of affiliated lenders whose investors include individuals, charities and pension funds (collectively, “Ritchie”), today filed a lawsuit in the U.S. District Court in Chicago alleging violations of the Racketeering Influenced and Corrupt Organizations (RICO) Act and fraud by Mary J. Jeffries, former President and Chief Operating Officer of Petters Group Worldwide, LLC (”PGW”) and former Chief Operating Officer of Petters Company, Inc. (”PCI”), and Camille Chee-Awai, former CEO of Petters Capital, LLC.
