Petters' ex-fiancee faces loss of monthly expense payments

Tom Petters' ex-fiancee, Tracy Mixon, is facing the termination of $1,879 in monthly child support and health insurance payments that she's collected for nearly four years from the convicted Minnesota businessman's seized estate. A court appointed receiver said in a U.S. District Court motion Tuesday that Mixon has had enough time to find other means to support herself and the two children she had with Petters.
Author:
Publish date:

Tom Petters' ex-fiancee, Tracy Mixon, is facing the termination of $1,879 in monthly child support and health insurance payments that she's collected for nearly four years from the convicted Minnesota businessman's seized estate. A court appointed receiver said in a U.S. District Court motion Tuesday that Mixon has had enough time to find other means to support herself and the two children she had with Petters.

Next Up

Related

U.S. Supreme Court won't review Tom Petters' fraud conviction

The Minnesota businessman had asked the nation's highest court to review his case. Petters was convicted on charges of orchestrating a $3.65 billion Ponzi scheme and is serving a 50-year prison sentence. His attorneys argued that the trial judge barred them from presenting evidence.

Petters to request U.S. Supreme Court to review his case

The full Eighth Circuit Court of Appeals is denying convicted Minnesota businessman Tom Petters' request to re-hear his appeal. The Pioneer Press reports Petters will now ask the U.S. Supreme Court to review his case. He was found guilty in 2009 for orchestrating a $3.5 billion Ponzi scheme. The 54-year-old is currently serving a 50-year sentence at a federal penitentiary in Kansas.

Judge OKs three clawback settlements in Petters case

The bankruptcy estate of former Minnesota businessman Tom Petters will receive nearly $34 million. A U.S. District Judge approved three “clawback” settlements with GE Capital, Fredrikson & Byron, and the John T. Petters Foundation. Petters is currently serving a 50-year prison sentence for his fraud conviction.

Petters trying to convince U.S. Supreme Court to review his fraud conviction

Petters continues to argue his Sixth Amendment rights were violated because he wasn't allowed to fully question certain witnesses. The full 8th Circuit Court of Appeals denied the former Minnesota businessman's request last year. Petters is serving a 50 year sentence for orchestrating a $3.65 billion Ponzi scheme. He was convicted in 2009.

Petters receiver goes after $2 million donation to St. Benedict

The receiver in the Tom Petters 'clawback' effort filed a lawsuit to recover a $2 million donation to the College of St. Benedict. The imprisoned businessman donated to the school starting in 2003. A court convicted Petters in 2009 of running a multi-billion dollar Ponzi scheme. College officials say the money was already spent on renovation and construction projects.

Petters aides enter not guilty pleas on new federal charges

Frank Vennes and James Fry will go to trial in February after pleading not guilty to a total of 31 criminal counts, the Pioneer Press reports. The charges include wire fraud, money laundering and making false statements. Both men are accused of helping convicted Twin Cities businessman Tom Petters carry out his $3.5 billion Ponzi scheme.