Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Petters victims will start getting money soon


At long last, the victims of Tom Petters’ epic Ponzi scheme can count on receiving a check.

In the next seven to 10 days, $172 million that has been collected by liquidating the property of Petters and his key associates will start flowing, according to trustee Doug Kelley, who oversaw the eight-year bankruptcy of Petters’ business empire.


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