Private company

Petters Group Worldwide

American company and Ponzi scheme

Petters Group Worldwide was an American diversified company based in Minnetonka, Minnesota. Founded and led by CEO Tom Petters, the company operated a $3.65 billion Ponzi scheme.2 It ceased to exist in 2008.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Petters Group Worldwide was an American diversified company based in Minnetonka, Minnesota. Founded and led by CEO Tom Petters, the company operated a $3.65 billion Ponzi scheme.2

Timeline

  1. 2008Dissolved Dissolved1

Sources

The numbers on this page point here. Each one links to the record it came from.

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  2. 2