TOM PETTERS: Money, power and politics - FOX 10 News |

TOM PETTERS: Money, power and politics

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Last week, a federal judge decided Tom Petters had run out of time and appeals regarding his 50-year sentence for his conviction in a $3.7 billion Ponzi scheme, but in his own way, he's still causing problems.

Attorneys are still trying to claw back his stolen money, and there is one particular case that illustrates what can happen when police and politicians fall all over themselves in an attempt to make a million-dollar problem go away. The story begins in a hotel bar.

Watch the video for more information.


Dec. 15, 2013: Judge says Petters 'tried to pull off one final con,' upholds sentence

Sept. 2 2010: Petters whistleblower Deanna Coleman sentenced to 1 year, 1 day

Sept. 14, 2010: 90 former Petters employees asked to return bonuses

Sept. 14, 2010: Co-conspirator Larry Reynolds gets 10 years, 10 days

April 8, 2010: Petters get 50 years in prison for Ponzi scheme

April 8, 2010: Breakdown of the Petters empire

Jan. 18, 2010: In-Depth: Private peek at Petters' home

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