Frank Vennes Makes First Appearance in Federal Court

Frank Vennes appeared in Federal Court in St. Paul today and pled not guilty (no surprise) to charges related to his involvement in the Petters Ponzi scam. Vennes will have a chance to change his plea later this month. If there is a trial, it will likely not happen before August.

Frank Vennes was indicted April 20th along with Bruce Prevost and David Harrold.

It was a short hearing, so I only was able to do a few quick sketches (colored them in later) Click to make them bigger.

Frank Elroy Vennes:



Vennes attorney James Volling:



UPDATE: Vennes signed appearance $100K bond document -( PDF ) from the Petters-Fraud site.