Star witness in Petters case sentence...

Star witness in Petters case sentenced to a year in prison

There are 44 comments on the TwinCities.com story from Sep 2, 2010, titled Star witness in Petters case sentenced to a year in prison. In it, TwinCities.com reports that:

The woman who blew the whistle on Tom Petters' $3.7 billion Ponzi scheme, even as she was implicated herself, has been sentenced to one year in prison.

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Wass up

Saint Paul, MN

#1 Sep 2, 2010
Turned in her boss & his ponzi business and get less time slammer.
I am Sick

Minneapolis, MN

#2 Sep 2, 2010
Coleman is as guilty as any of the other players. She saw the house of cards were about to fall, conveniently got divorced, orchestrated a "save face" confession & turned/rolled on her comrads. She should be doing a minimum of 7 years for the people's lives she ruined. Unbelievable.
JustMe

Saint Paul, MN

#3 Sep 2, 2010
She lived the DREAM, Million $$ home, cars, etc... and all the leagl folks on the news last night kept saying that this HERO should get parole??? LOCK HER UP!!!
Ted

Saint Paul, MN

#4 Sep 2, 2010
Boy did she get off early. Just think if she would have come forward 5 years earlier.
mej63

Saint Paul, MN

#5 Sep 2, 2010
Does she get to keep all the stuff she got with all the money she made off this ponzi scheme???
she's getting off easy..
shadap

Minneapolis, MN

#6 Sep 2, 2010
nobody likes a rat. she is as guilty as petters...get a rope.
Dan Wesson Guy

Philadelphia, PA

#8 Sep 2, 2010
We have to remember that, like the article said, she could have easily pulled up stakes, and taken off to a warm climate with no extradition. Yes, she was guilty of some very serious crimes, but because of her, they got a lot of solid convictions. They have to make it worth their while, or there will be a lot less whistleblowers in the future. It's all part of the game. If law enforcement were a little more adept at catching white collar criminals, we wouldn't need to cut deals like Coleman got. Like Madoff's scheme, this one should have been busted a long time ago. GE Capital should have notified the feds years ago when they suspected some shenanigans. Lots of blame to go around in these sitations.
citylights

Maple Plain, MN

#9 Sep 2, 2010
You can congratulate ole Joe Dixon, Ramsey County prosecutor's office for this one. They'll let those just about as guilty as Petters and other off with a hand slap so they can be momentary heros. The head prosecutor on this team should sit in the slammer for about ten years and think about how they let lose these cons to further con the public while they sit in their law enforcement protected bubbles eating caviar. Slime balls.
citylights

Maple Plain, MN

#10 Sep 2, 2010
Dan Wesson Guy wrote:
We have to remember that, like the article said, she could have easily pulled up stakes, and taken off to a warm climate with no extradition. Yes, she was guilty of some very serious crimes, but because of her, they got a lot of solid convictions. They have to make it worth their while, or there will be a lot less whistleblowers in the future. It's all part of the game. If law enforcement were a little more adept at catching white collar criminals, we wouldn't need to cut deals like Coleman got. Like Madoff's scheme, this one should have been busted a long time ago. GE Capital should have notified the feds years ago when they suspected some shenanigans. Lots of blame to go around in these sitations.
I don't agree with you. I worked for prosecutors, on a smaller level years ago. And if they don't have the evidence, they are not doing their job. When the Feds get involved, they don't have to knock on doors to get it to retrieve evidence and they listen all day and night long to phone calls. So, if they rest their laurels on a first class crook that should serve no less then ten years, they are incompetent in my humble opinion. Coleman will be released only to perpetrate people in some other way with a free pass from the prosecutor and judge.
zingbopper

Cornell, WI

#11 Sep 2, 2010
She lived the high life a long time to only get one year.
i think

Minneapolis, MN

#12 Sep 2, 2010
everyone who lost money with her scam should be able to stop by at any time during her year and take it out of her azz!

Since: Jul 10

Duluth, MN

#13 Sep 2, 2010
Give her a break
TaxTaxTax

Excelsior, MN

#14 Sep 2, 2010
Corrections don't correct anything. Prisons don't work. Inmates just get better, at getting worse.

That said, she is guilty but her cooperation saved the taxpayers perhaps tens of thousands in investigative expenses.

We can't afford the court system anymore. The judges are too busy hearing family court peadings about Moms denying visitation to Dads and so one.

So, she should have gone free on lieftime probation.
Dan Wesson Guy

Philadelphia, PA

#15 Sep 2, 2010
citylights wrote:
<quoted text> I don't agree with you. I worked for prosecutors, on a smaller level years ago. And if they don't have the evidence, they are not doing their job. When the Feds get involved, they don't have to knock on doors to get it to retrieve evidence and they listen all day and night long to phone calls. So, if they rest their laurels on a first class crook that should serve no less then ten years, they are incompetent in my humble opinion. Coleman will be released only to perpetrate people in some other way with a free pass from the prosecutor and judge.
Let me expand a little on what I said. I hate that they have to give deals to criminals like Coleman. The truth is that law enforcement and prosecutors are woefully behind in their ability to detect and arrest white collar criminals. How else could the Petters and Madoffs of the world get by for so long undetected? I wish all cops were a lot better at their jobs, so that we wouldn't have to give deals out for informants. I wish Coleman had been swept up in a federal raid like the rest of them. Until law enforcement gets a lot better, these deals will be a necessary evil.
redtailer

Minneapolis, MN

#16 Sep 2, 2010
When are they going to get all these guys in prison and stop messing around. The Bob White show has been living in million dollar home out on Lake Sylvia for 2 years now at tax payers expense! Unreal! I should have stole money instead of getting laid off by NWA!
good riddence

Minneapolis, MN

#17 Sep 2, 2010
Petters Worldwide was corrupt from top to bottom. They had people drawing multiple salaries even at supervisory levels. Good to see them exposed and out of business.
Mike

Wadena, MN

#18 Sep 2, 2010
All we need was for her to work for Denny Hecker and the Gang Strike Task Force and many more people would be in jail.
seriously

Saint Paul, MN

#19 Sep 2, 2010
lots of money for a short jail term, beats working
Penny

Madison, WI

#20 Sep 2, 2010
This little tripe only ran when things were crumbling. Of course you can bet she has a nice little nest egg stashed away. How else did she afford such a fancy pants expensive lawyer? She was a woman scorned and will be laughing for years watching everyone else sit in prison. Hopefully no one will be stupid enough to hire this bimbo in the future. She will be looking for the next scam to join only next time she'll be smarter and cover her tracks better. The only small consolation is that 1 year plus 1 day means she'll actually be in prison for 8 months instead of the workhouse or on work release.
citylights

Maple Plain, MN

#21 Sep 2, 2010
Dan Wesson Guy wrote:
<quoted text>
Let me expand a little on what I said. I hate that they have to give deals to criminals like Coleman. The truth is that law enforcement and prosecutors are woefully behind in their ability to detect and arrest white collar criminals. How else could the Petters and Madoffs of the world get by for so long undetected? I wish all cops were a lot better at their jobs, so that we wouldn't have to give deals out for informants. I wish Coleman had been swept up in a federal raid like the rest of them. Until law enforcement gets a lot better, these deals will be a necessary evil.
Good point. I agree. I wish that there were more federal agents, FBI and the like to go after these cons without having to make huge deal sacrifices to main squeezes or other co-cospirators.

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