Wednesday, July 6, 2011

Christopher Pettengill pleaded guilty $190 Million Forex Fraud closing case (Source: FBI) MINNEAPOLIS—Earlier today in federal court, a 54-year-old Plymouth man pleaded guilty to lending credibility to and ultimately persuading others to invest in a multi-milliondollar Ponzi scheme orchestrated by Trevor Cook. Christopher Pettengill pleaded guilty to one count of securities fraud, one count of conspiracy to commit wire fraud, and one count of money laundering. Pettengill, was who charged on June 13, 2011, entered his plea before United States District Court Chief Judge Michael J. Davis. ​Trevor Cook pleaded guilty today in federal court to leading a $190-million Ponzi schemebased in part out of the Van Dusen mansion in Minneapolis that obliterated the investments of at least 1,000 victims while he lived high on the hog and paid off gambling debts. 

Minneapolis money manager Trevor Cook admits to $190 million scam