Tom Petters to bunk at Leavenworth

Categories: Tom Petters

leavenworth prison.jpg
Photo via Wikipedia
The United States Penitentiary, Leavenworth -- The Big House -- is Tom Petters' new address
Ponzi schemer Tom Petters is headed for The Big House: the United States Penitentiary in Leavenworth, Kansas. And unless his legal team can pull a rabbit out of its hat and win an appeal, it may be the last address he'll ever have.

The 53-year-old former Wayzata businessman with a palatial home on Lake Minnetonka, was sentenced in April to 50 years behind bars for orchestrating a $3.6 billion Ponzi scheme.

He'll be taking up residence in a stone fortress near Kansas City that dates back to 1903, and that at one time or another has hosted legendary convicts including gangster Al Capone's rival, George "Bugs" Moran; Communist Party USA leader Gus Hall; American Indian Movement leader Leonard Peltier; and NFL star Michael Vick, who ran an interstate dog fight operation.

Here's a screen shot of the Petters listing from the Bureau of Prisons:

tom petters BOP.jpg

And here's a bigger image of Petters' new home:

leavenworth prison.jpg

And the home he leaves behind:

petters mls.JPG

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