Updated: 07/16/2009 3:06 PM KSTP.com | Print Story
By: Becky Nahm

Petters' Trial Pushed to Oct. 21

COURT DOCUMENTS:  View the release request  Read Petters motion to be freed  Read Petters detention documents  Read the affidavit  Petters Group Worldwide bankruptcy documents  Intervention in Petters case denied BACKGROUND ON PETTERS:  Biography of Tom Petters  RELATED STORIES:  New Twist in Tom Petters Case NJ: No Liquor for Redstone Unless Petters is Out  Petters to be arraigned on updated indictment  Attorneys in Petters case in paper blizzard battle  JUDGE: Petters' statements, evidence allowed in trial  Govt. moves to block attempt to unfreeze Petters' assets    In the market for a boat? Tom Petters is selling his  Did Tom Petters confess guilt?  Tom Petters' associate freed from home detention  Petters associate asks to be removed from home monitoring  Judge denies Petters's change of venue request  Federal prosecutors respond to Petters' request to move trial  Petters associate to be 'immediately' released from jail  Petters requests change of venue for trial  Petters co-defendant asks for frivolous monthly increases  Petters associate asks for jail release  Judge revokes bail for Petters associate  Petters associate to be searched again for assets  Motion filed to send Petters associate to jail  OFFICIAL: Petters hiding money from court   Petters makes third request for release  FEDS: Petters' associate knew of scheme  Attorneys say Petters not a flight risk  Petters' attorney: 'There's been rush to judgment'  Petters associate transported to Sherburne Co. Jail   Petters Group Worldwide files for Ch. 11   Petters ordered held, 3 associates plead guilty   Excelsior man charged in Petters matter  Petters charged with fraud, will be held in jail   Court documents unsealed in Petters case   Petters resigns   Petters meets with employees after raid  Warrant alleges $100M fraud by Petters HOW THE CASE AFFECTS OTHERS:  Sun Country Could Lose 2 Planes in Petters Legal Mess  Bid of $85.9M accepted for Polaroid assets   Petters case leaves Rochester bank out $7.1M  Non-profits, charity groups sue Petters, associates   Top Minn. politicians return Petters donations   Hedge fund sues Petters, alleging swindle  How bad is it? Sun Country says they're $4M in debt  Sun Country files for bankruptcy protection   Sun Country warns of possible shutdown   Sun Country defers half of paychecks   Interview with Sun Country's CEO

Lawyers for Twin Cities businessman Tom Petters will get another six weeks to prepare his defense against accusations he ran a Ponzi scheme.

Wednesday a federal judge granted their motion to delay the start of the trial.

Petters is accused of bilking investors by running a $3.5 million Ponzi scheme. Since his arrest in September, Petters has maintained his innocence.

Jury selection will now start on October 21 and the trial will start October 26. The trial was previously set to begin on September 14.

Part of the reason for the delay was the number of documents the lawyers must review. The government gave the Petters' team more than 6 million pages.

The trial should last between four and six weeks.

The judge did note that this was the third continuance in the case and indicated that he would be skeptical about any further requests.