Thomas Joseph Petters is an American businessman and the chairman and CEO of Petters Group Worldwide who was convicted of massive business fraud in 2009 and is now imprisoned at the United States Penitentiary, Leavenworth.
Amid mounting criminal investigations, Petters resigned as his company's CEO on September 29, 2008.
He was convicted of numerous federal crimes for operating Petters Group Worldwide as a $3.65 billion Ponzi scheme and received a 50-year federal sentence.