...not guilty when he's arraigned at 2 p.m. Tuesday before Magistrate Judge Arthur Boylan in St. Paul, said his attorney, Jon Hopeman. Petters, 51, of Wayzata, and alleged co-conspirators are accused of telling investors their money would be used to buy merchandise...
...and unknown to the grand jury." Coleman, White, Catain and Reynolds have all entered guilty pleas for their involvement. Jon Hopeman, Petters' defense attorney, said his client will appear in court before Magistrate Judge Arthur Boylan this afternoon in St....
Twin Cities businessman Tom Petters will appear in federal court this afternoon on charges that he masterminded a $3.5 billion Ponzi scheme that bilked investors over a 13-year period.
A not guilty plea is anticipated today, when Twin Cities
..."Things went wrong. I was not going to be a CEO who ran away from my responsibility. I was responsible." Jaunich's attorney, Jon Hopeman, asked for probation for Jaunich, who was sentenced to a shorter term than was sought by Assistant U.S. Attorney Jon Marti...
...have pleaded guilty, Petters maintains he is innocent. "He intends to fight the charges against him," said his attorney, Jon Hopeman. ------ Petters founded what would become Petters Group Worldwide in 1988 as a one-man operation. By 2007, the Minnetonka-based...
...worried about his companies and employees and a family man worried about his family. "Tom Petters is not Osama bin Laden," said Jon Hopeman, the Minneapolis attorney who was retained three weeks ago to defend Petters against charges of mail fraud, wire fraud,...
...$3 billion fraud scheme contains nothing but allegations. "At this point, we have not seen any evidence at all," said Jon Hopeman, an attorney for the founder of Petters Group Worldwide. Petters, 51, faces federal charges of mail fraud, wire fraud,...
...of over $1 billion, could easily have lots of money stashed away to finance an escape overseas. Petters attorney, Jon Hopeman, said Petters could have fled the country before he was arrested but didn't. And Hopeman had explanations for Petters' taped...