A federal jury has awarded a record $564 million in damages to victims of a massive Ponzi scheme by Minnesota businessman Tom Petters. The verdict handed down Tuesday against BMO Harris Bank is believed to be the largest financial penalty handed out by a jury in a Minnesota courtroom. It’s also the largest single verdict or settlement connected to the multi-billion dollar Petters fraud. BMO said it will appeal the verdict and penalty. Petters, of Wayzata, was sentenced to 50 years in prison in 2010 for defrauding investors out of $1.9 billion. Receiver Doug Kelley and his team has spent more than a decade searching for and liquidating Petters’ assets to compensate as many victims and creditors as possible.
AP
Grain Elevator Fire in Minnesota
(Photo submitted) (KNOX) - Crews battled a large fire at a grain elevator in northwestern Minnesota. Several fire departments responded to the CHS grain elevator in Warren. The Marshall County Sheriff's Office said that Highway 75 was shut down from ...
Apr 01, 2026
North Dakota National Guard Being Sent to D.C.
(Photo courtesy of North Dakota National Guard. via the North Dakota Monitor) (North Dakota Monitor) - North Dakota will send 60 National Guard members to Washington, D.C., starting in April, for an estimated three months to help police the city. The...
Mar 30, 2026
Grand Forks Police Respond to Crash
(File image) (KNOX) - Tuesday afternoon officers from the Grand Forks Police Department were dispatched to the intersection of 32nd Avenue South and South 31st Street for the report of a three vehicle accident involving injuries. An investigation rev...
Apr 01, 2026
Getting a Handle on The Utility Bill Crisis in Minnesota
(Adobe Stock via Minnesota News Connection) (By Mike Moen. Minnesota News Connection) - The home heating season will soon be over in Minnesota but it might be little comfort to utility customers behind on their bills. With unaffordability a growing c...
Mar 30, 2026
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