About: Frank Vennes

An Entity of Type: BadPerson109831962, from Named Graph: http://dbpedia.org, within Data Space: dbpedia.org

Frank Elroy Vennes Jr. is an American multimillionaire and convicted felon. In 1987, Frank Elroy Vennes Jr., was convicted on federal charges of money laundering, illegal firearm sales and cocaine distribution. In 1990, Vennes announced a religious transformation while incarcerated and became a major political contributor after his release . Vennes was the primary Ponzi scheme fundraiser for Tom Petters, who was convicted of organizing a Ponzi scheme $3.5 billion in Minnesota.

Property Value
dbo:abstract
  • Frank Elroy Vennes Jr. is an American multimillionaire and convicted felon. In 1987, Frank Elroy Vennes Jr., was convicted on federal charges of money laundering, illegal firearm sales and cocaine distribution. In 1990, Vennes announced a religious transformation while incarcerated and became a major political contributor after his release . Vennes was the primary Ponzi scheme fundraiser for Tom Petters, who was convicted of organizing a Ponzi scheme $3.5 billion in Minnesota. In 2008, Vennes' homes were raided by federal agents in connection with the Petters Ponzi scheme. In July 2011, he was charged with eight counts of securities fraud, six counts of wire fraud, three counts of money laundering, three counts of bank fraud, and two counts of mail fraud. On February 1, 2013, Vennes pleaded guilty to charges of securities fraud and money laundering and on October 18, 2013, he was sentenced to 15 years in Federal prison. (en)
dbo:wikiPageExternalLink
dbo:wikiPageID
  • 32491126 (xsd:integer)
dbo:wikiPageLength
  • 9517 (xsd:nonNegativeInteger)
dbo:wikiPageRevisionID
  • 1062854811 (xsd:integer)
dbo:wikiPageWikiLink
dbp:wikiPageUsesTemplate
dcterms:subject
rdf:type
rdfs:comment
  • Frank Elroy Vennes Jr. is an American multimillionaire and convicted felon. In 1987, Frank Elroy Vennes Jr., was convicted on federal charges of money laundering, illegal firearm sales and cocaine distribution. In 1990, Vennes announced a religious transformation while incarcerated and became a major political contributor after his release . Vennes was the primary Ponzi scheme fundraiser for Tom Petters, who was convicted of organizing a Ponzi scheme $3.5 billion in Minnesota. (en)
rdfs:label
  • Frank Vennes (en)
owl:sameAs
prov:wasDerivedFrom
foaf:isPrimaryTopicOf
is dbo:wikiPageRedirects of
is dbo:wikiPageWikiLink of
is foaf:primaryTopic of
Powered by OpenLink Virtuoso    This material is Open Knowledge     W3C Semantic Web Technology     This material is Open Knowledge    Valid XHTML + RDFa
This content was extracted from Wikipedia and is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License