Outside Reading #2

I read an article about Tom Petters by Jon Tevlin. Tom Petters owns Polaroid, Sun Country Airlines, Fingerhut and other small industries. Tom and Larry Reynolds (business associate) were charged with mail fraud, wire fraud, money-laundering and obstruction of justice on Friday. Investigators came to arrest Tom at his Wayzata home on Friday and he was taken to jail. He had been planning to flee the country before the presidential debates cause he knew that his improper business transactions were being investigated.  Tom's business associate Larry Reynolds was secretly recorded last month saying fraud could exceed $2 billion.  Tom is now in jail now awaiting his charges because the FBI had every reason to believe he would flee the country. This is upsetting for my family because we knew Tom Petters and my sister is good friends with his daughter Jenny who graduated from Edina High School in 2002.