Tom Petters testified on Wednesday afternoon that he was largely removed from Petters Co. Inc.’s operations, trusting executives Deanna Coleman and Bob White to run the business while he focused on other ventures and charitable giving.
Posts Tagged ‘Larry Reynolds’
Featuring the secret life of Larry Reynolds.
Larry Reynolds, a Los Angeles man who has pleaded guilty to charges in connection with the Tom Petters fraud case, testified Monday that he laundered about $12 billion through his bank account to support Petters’ alleged multibillion dollar Ponzi scheme.
Outside the Federal Courthouse in Saint Paul, construction workers were digging a big hole while inside the courthouse, Paul Enge, Tom Petters’ attorney continued to dig holes in Deanna Coleman’s credibility as a witness.