Company Profile
Updated: 17-SEP-09Petters Group Worldwide
Private Company, Headquarters Location
4400 Baker Rd., Minnetonka, MN 55343-8684, United States
(800)605-5364, (952)934-5000, (952)936-5048 fax, http://www.pettersgroup.com
Primary SIC: Telegraph & Other Message Comm, Primary NAICS: Wired Telecommunications Carriers
Description: Communications: E-commerce firm which purchases excess consumer merchandise and resells it to other businesses.
View this company profile - Now for a Limited Time, try Goliath Company Profiles
Free for 3 Days!
$7bn Ponzi schemes are small beer after Madoff defining fraud.(Business Report)
The Star (South Africa); 11/6/2009; 929 words; BYLINE: Ann Woolner Thomas Petters had no idea a device on his assistant...Out in Minnesota, folks at Petters Group Worldwide were telling hedge funds they...definition of a pyramid scheme. The Petters scammers produced invoices for...
Petters feared mob hit; Whistle-blower Deanna Coleman tells jury she saw no sign that his life was in danger.(NEWS)
Star Tribune (Minneapolis, MN); 11/4/2009; 1114 words; ...Petters Co. Inc., wrote to Petters: "Petters Co. spends money like it grows...million bonus in 2004, said Petters invested in property in Wayzata...the executive team at Petters Group Worldwide. She detailed numerous bonuses...
Investor: Petters pressed for quick deals; An Interlachen Capital investment manager says the Wayzata businessman also thwarted efforts to investigate inventories.(BUSINESS)
Star Tribune (Minneapolis, MN); 10/31/2009; 1338 words; ...Wayzata businessman Tom Petters that the high-energy...the Interlachen Capital Group, which claimed losses of $60 million when Petters Co. Inc. went out of...started talking with Petters about some deals in 2005...attorney at Petters Group Worldwide. Interlachen talked...
Federal trial looms in alleged $3.65B Ponzi scheme
Deseret News (Salt Lake City); 10/26/2009; 1066 words; ...authorities could ever recall. Tom Petters, 52, who seemed to have a golden...prosecutors depict his empire, Petters Group Worldwide LLC, as a house of cards, with...by "the heart of the fraud," Petters Co. Inc. Hedge funds and other...
Trial looms in alleged $3.65 billion fraud
Deseret News (Salt Lake City); 10/26/2009; 1065 words; ...authorities could ever recall. Tom Petters, 52, who seemed to have a golden...prosecutors depict his empire, Petters Group Worldwide LLC, as a house of cards, with...by "the heart of the fraud," Petters Co. Inc. Hedge funds and other...
Recent News Articles
- Ritchie Capital Asks Court to Terminate Asset Freeze and Receivership of Petters Group Worldwide and Its Subsidiaries, and to Declare Freeze and Receivership Void.
Marketing Weekly News - April 11, 2009 - Ritchie Capital Asks Court to Terminate Asset Freeze and Receivership of Petters Group Worldwide and Its Subsidiaries, and to Declare Freeze and Receivership Void.
PR Newswire - March 24, 2009 - Feds raid Petters' HQ and home; Agents served warrants at Petters Group Worldwide in Minnetonka, the majority owner of Sun Country Airlines.(NEWS)
Star Tribune (Minneapolis, MN) - September 25, 2008 - Petters Group Worldwide (Minnetonka, MN), a company that had $2.3 billion in revenue in 2007 through investments in almost 60 companies, including Fingerhut, Great Waters Media, Poloroid and Sun Country Airlines, has acquired the assets of Metropolitan Media (Minneapolis, MN), the publisher of "Minnesota Business" and 15 community newspapers.
Business Publisher - September 01, 2008
Why Purchase This Company Profile?
- Sales prospecting
- Competitive analysis
- Vendor & supplier evaluation
- Customer evaluation and analysis
- Strategic planning