The Frightening New Numbers of Discovery

The second largest Ponzi scheme in Minnesota history will go to trial in federal court this week.  Although most people have heard of Tom Petters and the nearly $3.7 billion fraud he perpetuated, the $195 million in fraud that Trevor Cook was involved in seems a bit paltry. 

Of interest, however, is the amount of computer data the government went through to litigate this case.  According to the StarTribune, more than 10 terabytes was seized to create more than 500 exhibits.  So, how much is 10 terabytes exactly?  I could tell you that one terabyte is 1,000 gigabytes; and one gigabyte is 1,000 megabyte; and you’d be asleep or moving on to something else.  Here, instead, is a handy infographic showing you that the government went through the equivalent of approximately 45 million books worth of data to create the exhibits.

When the government takes you to trial, they have nearly unlimited resources.  How much would it cost your defense team to do the same?

This entry was posted in General Risk Management and tagged , , , , , by plushq. Bookmark the permalink.

About plushq

The Professional Liability Underwriting Society (PLUS) was founded in 1986 by industry professionals who recognized the need for a forum for individuals involved in the field of professional liability. The Society is a non-profit organization with membership open to persons interested in the promotion and development of the professional liability industry. Membership consists of over 6,500 individuals, representing over 1,000 companies active in the many fields of professional liability. PLUS currently receives the support of more than 200 companies through corporate membership. PLUS is recognized as the primary source of professional liability educational programs and seminars, assistance to its members to help serve clients, and information regarding professional liability. The Society is continually seeking new means to fulfill its mission statement and better serve its members.

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