Petters jury deliberations to enter day 5

Deliberations in the fraud trial of Minnesota businessman Tom Petters enter their fifth day Wednesday.

The jury has spent just over 24 hours discussing the charges and evidence in the case since closing arguments last week.

The jurors have to decide whether Petters is guilty or not on each of the 20 individual counts of wire fraud, mail fraud, conspiracy and money laundering against him. The exhibits available to them include many hours of audio recordings and dozens of boxes of documents.

Petters denies he was responsible for a Ponzi scheme at Petters Co. Inc. that cost investors more than $3.5 billion. He says other defendants in the case perpetrated the scheme without his knowledge.

Create a More Connected Minnesota

MPR News is your trusted resource for the news you need. With your support, MPR News brings accessible, courageous journalism and authentic conversation to everyone - free of paywalls and barriers. Your gift makes a difference.