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Tom Petters On Trial For $3.5 Billion Ponzi Scheme

Tom Petters On Trial For $3.5 Billion Ponzi Scheme

from The UpTake on November 01, 2009
Duration: 94
Sketches and story by Ken Avidor On September 29, 2008, Businessman Tom Petters was arrested for operating a Ponzi scheme that allegedly, fleeced investors out of $3.5 billion. Tom Petters was held in Sherburne County jail for over a year while his attorneys and government attorneys made preparations for this week's trial. "U.S. vs Thomas J. Petters" finally got underway October 28th at the Federal Courthouse in Saint Paul, Judge Richard H. Kyle presiding. Assistant U.S. Attorney Joseph T. Dixon III read a summary of the charges and the evidence the prosecution will present in his opening statement. Dixon played some audio clips from recorded conversations with Tom Petters speaking with associates. Joe Dixon pointed to Tom Petters and assured the jury that the prosecution would prove Tom Petters was guilty of fraud Defense attorney Jon Hopeman said Petters was innocent and it was Deanna Coleman and other Petters' associates who were responsible for the fraud. In Hopeman's words they were , "instruments of darkness and doers of foul, foul deeds". The second day of the trial began with Assistant U.S. Attorney John Marti questioning witnesses who became involved in Tom Petters' complex web of financial dealings. Witnesses testified how the scheme almost unraveled in 2000 when phony purchase orders were used to borrow large amounts of money On the third day of the trial, Gregg Colburn of the Interlachen hedge fund told how Interlachen lost $60 million when Petters was busted by the Government in September 2008. Next week, Deanna Coleman former Petters associate is expected to testify. **http://the-uptake.groups.theuptake.org/en/videogalleryView/id/2541/
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CHARLIE aka the juX

CHARLIE aka the juX

from recent posts - blip.tv (beta) on November 01, 2009
Duration: 561
Charlie is back to his old tricks again- but this time he has opposition and a new breed on the come up...
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[GDI Team Build]

[GDI Team Build]

from Dailymotion - earlkohn's most recent videos on September 16, 2009
Duration: 64
GDI Team Build With The SpeedyG Marketing Team http://earlkohn.speedygstudios.com Contact Earl 1.502.807.3450 Skype: earl.kohn Yahoo: pplsi502 Email: earl.gdi@gmail.com GDI has been around for a very very long time. To this day, it is still the unrivaled web hosting company in the world. Hundreds and thousands of individuals, business owners, moms, dads, even grandmothers are familiar with and utilizing the GDI services. Why? Because of their solid track record. There is no need to confuse people with hundreds of different features that most people probably won't use anyway. People love simple. The easier it is to do something, guess what, the more interested visitors you will have. Over the years, this web hosting powerhouse has had its name dragged through the mud. This is NOT because the company is unreliable, but because some of the affiliates themselves are undependable.Author: earlkohn Tags: earl kohn eric abbott gdi team build forum games builder residual income scam how good site mlm leads pyramid scheme Posted: 17 September 2009 Rating: 4.0 Votes: 1
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falling dollar in 2009 depression will be worst than 1929 ; madoff fraud

falling dollar in 2009 depression will be worst than 1929 ; madoff fraud

from Recession tv on March 19, 2009
Duration: 643
Paul Craig Roberts explains why the dollar in 2009 will loose more value and why this depression will be worst than 1929, he also gives his take on the Bernard Madoff fraud
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