Thursday, April 2, 2009

Petters Boat for Sale / Larry Reynolds Freed From House Arrest

KSTP:

Embattled Twin Cities businessman Tom Petters has agreed to sell his 2900 Coronet boat.

Petters bought it with proceeds from Petters Co. Inc and Petters Group Worldwide. The court-appointed receiver, who now controls his assets, is asking the court for permission to sell the vessel for $110,00.

The boat was purchased in 2004—the average running cost for the boat is $182,000.


KSTP:

On Thursday, a federal judge ordered Larry Reynolds no longer has to be under home detention because of his cooperation in the case.

He will have a curfew and must stay under electronic monitoring.
Reynolds’ attorneys argued other co-defendants don't have home monitoring and their client needed the freedom in order to look for a job.


Things seem to be heating up over at Petters-Fraud.com:

Research of Michael O'Shaughnessy and Lindquist & Vennum threatening this webmanager
as Lindquist Falsely stated Petters never vested in Element Electronics and MO has nothing to do with Petters
This lead us to discover that Doug Kelley was ORIGINALLY hired by Petters PGW (here)
and it gets worse Doug Kelley hand picks Jeffries for Polaroid and says she is not under investigation
Totally in Conflict of Interest Doug Kelley makes public statement that Creditors come LAST to Petters COs (here)
Doug Kelley appointed as Receiver only as a Knee jerk reaction to Illinois appointing their's
The DK L&V Receiver is shameful at best and bogus with vailed agendas patently being obvious

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