Tom Petters

Organization leader

1957 –

50

Who is Tom Petters?

Thomas Joseph Petters is a convicted criminal who was at one time was an American businessman and executive, but who later turned to criminal activities, was convicted of fraud and imprisoned at the United States Penitentiary, Leavenworth. Petters was the former CEO and chairman of Petters Company Inc.. Petters resigned his position as CEO on September 29, 2008, amid mounting criminal investigations. He later was convicted for turning Petters Group Worldwide into a $3.65 billion Ponzi scheme and received a 50 year federal sentence.

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Born
Jul 11, 1957
St. Cloud
Also known as
  • Thomas J. ("Tom") Petters
Nationality
  • United States of America
Profession
Employment
  • Chief Executive Officer, Petters Group Worldwide
    ( - 2008/09/29)
Lived in
  • St. Cloud

Submitted
on July 23, 2013

Citation

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"Tom Petters." Biographies.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.biographies.net/people/en/thomas_petters>.

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