ST. PAUL, Minn. AP – Businessman Tom Petters was ordered to remain behind bars on Wednesday, with a judge deciding there was too great a risk the founder of Petters Group Worldwide would flee charges he defrauded investors of up to $3 billion over the last 14 years.

After the judge’s decision, Petters mouthed the words, “It’s OK. I love you. It’s OK,” to his adult daughter, Jennifer Petters, who was crying in the courtroom.