Tom Petters appeals as pauper and seeks public defence
Tearing a page from the Denny Hecker instructional manual on getting the public to cover the costs of private enterprise deceit, convicted Ponzi schemer Tom Petters filed notice on Tuesday in the Eighth U.S. Circuit Court of Appeals that he intends to appeal his conviction -- and he wants taxpayers to foot the bill.
Petters, found guilty in December of running a $3.7 billion Ponzi scheme, and sentenced last week to 50 years behind bars, says he's broke. Corporate insurance that covered his criminal defense costs won't pay for an appeal. And he wants one of his defense attorneys, Eric Riensche, to defend him on the government's dime.
Get the This Week's Top Stories Newsletter
Every week we collect the latest news, music and arts stories — along with film and food reviews and the best things to do this week — so that you’ll never miss City Pages' biggest stories.
- Steven Timm charged with animal cruelty for harassing, drowning deer
- Cataclysmic boredom propels Stewart Mills into 2016 congressional race
- Man goes to meet prostitute with a trunk full of plastic and a giant empty suitcase