Petters Scandle Starts to Unfold

My current reading this week was the most recent article in the Mark Petters scandal in the star tribune. Today Deanna Coleman, Robert Dean White, and Michael Catain admitted their roles in stealing the 3 billion dollars from mail fraud. The one who first came forward and fessed up was the vice president of operations for Petters Co. She said that she would rather go to jail then keep going with their schemes and scamming money from investors. Mark Petters has still not pled guilty but has no bail so he will have to remain in jail until his court date comes around. Robert White is facing up to a 20 years term in prison for a single count of mail fraud, and a maximum or 10 more years for money laundering. Robert White, Deanna Coleman, and Michal Catain were all released on $25,000 bonds per person today. I plan on staying with this story. So yeah.. Stay tuned.