Judge blasts Tom Petters' "crocodile tears" in denying his attempt at "one final con"
|Petters, before his world came crashing down.|
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On that day, Petters pleaded for a 20-year reduction in his 50-year prison sentence. But yesterday, not only was his request denied, but U.S. District Judge Richard Kyle put Petters on blast for trying to "pull off one final con."
In his ruling, Judge Kyle characterized Petters' emotional (albeit belated) October confession as nothing more than "crocodile tears."
"Staring into an abyss of nearing 15,000 days of incarceration... [Petters] seemed to be a man putting on a show, willing to say or do anything... to obtain a reduction of the lengthy sentence imposed by this Court," Kyle wrote. "He was also fidgety, cagey, and evasive, with his testimony frequently punctuated by lengthy pauses -- again not captured in the transcript -- during which he appeared to be trying to conceive answers most helpful to his cause."
Kyle's ruling concludes with this flourish: "Like so many before it, this great American tragedy, in which money was lost, lives were ruined, and more than a dozen people have been sent to prison, has come to an end. Petters' last-ditch attempt to escape just punishment for his crimes does not hold water."
Assuming he serves the full 50-year sentence, Petters, 56, will be released just before his 95th birthday.
-- Follow Aaron Rupar on Twitter at @atrupar. Got a tip? Drop him a line at email@example.com.