Contact Us

Petters Returning To Court, Seeks Less Prison Time

Sherburne County Jail photo

ST. PAUL (AP) – Convicted Minnesota businessman Tom Petters returns to federal court this week to try to shorten his 50-year prison term.

The attempt to get 20 years removed might be Petters’ last chance to go after a lighter sentence.

Petters is to take the stand Wednesday in St. Paul. The main witnesses against him at the hearing will be the attorneys who defended him during his 2009 jury trial.

He was convicted on 20 counts of fraud, conspiracy and money laundering in a $3.65 billion Ponzi scheme.

At the heart of the hearing is whether federal prosecutors offered Petters a plea deal with a sentence capped at 30 years, whether Petters’ attorneys relayed that offer to him, and whether he had an opportunity to accept it.

Best of WJON

Recommended For You

Around the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://wjon.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Register on AM 1240 WJON quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a member? Sign up here

Register on AM 1240 WJON quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Sign up to have exclusive The WJON VIP Club contests, events, coupons, presales, and much more delivered to you for FREE.