While Bernie Madoff is sitting pretty in his New York jail cell, a new alleged Ponzi scheme is being revealed halfway across the nation in Minnesota. Currently making headlines is Minnetonka businessman Tom Petters, who has pleaded not guilty to swindling $3.5 billion from investors across the globe.
Madoff pleaded guilty to 11 counts of fraud, money laundering, perjury and theft in Music. The judge in charge of Madoff's sentencing received 113 victim statements last week. His sentencing is now set for the end of this month. What would you give Madoff?
at least one person who claims to know at least one person who was in the World Trade
Center on September 11,
2001. They truly believe all these
stories, and since social regulations dictate that we’re not allow to call
bullshit on them, most of us sit idly while people say things like, “He was
never late to work even one day in the 35 years that he worked there, but for
some reason he went in late that morning.