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Russell Wasendorf Sr

Disgraced CEO Sentenced To 50 Years In Prison

Reuters | Posted 09.19.2014 | Business

By P.J. Huffstutter CEDAR RAPIDS, Iowa, Jan 31 (Reuters) - Russell Wasendorf Sr., who admitted looting more than $100 ...

Disgraced CEO Facing Huge Prison Term

AP | RYAN J. FOLEY | Posted 04.02.2013 | Business

CEDAR RAPIDS, Iowa — For years, Russ Wasendorf Sr. enjoyed the perks of being a successful businessman: a corporate jet, a fancy swimming pool a...

Disgraced CEO's Son: My Father Will 'Endure The Consequences Of His Actions'

Reuters | Posted 11.12.2012 | Business

* Wasendorf was arrested in July, firm is in bankruptcy * Wasendorf's lawyer asks judge to release him to pastor * Recei...

Disgraced CEO Says He's Not Guilty Of Lying To Regulators

Reuters | Tom Polansek and Ryan Schlader | Posted 08.17.2012 | Business

CEDAR RAPIDS, Iowa (Reuters) - Russell Wasendorf Sr., chief executive of failed futures brokerage Peregrine Financial Group, pleaded not guilty to lyi...

Disgraced CEO Could Face 155-Year Prison Sentence

Reuters | Posted 08.13.2012 | Business

Aug 13 (Reuters) - Peregrine Financial Group CEO Russell Wasendorf Sr. was indicted on charges of making and using false statements to regulators, the...

Disgraced CEO To Lose Life Insurance Plans, Private Plane

Reuters | Posted 10.06.2012 | Business

* CEO's receiver seeks to unload insurance policies, plane * One policy has cash surrender value of about $1.3 million *...

CEO Accused Of Stealing Hundreds Of Millions Had Few Flashy Possessions

Reuters | Posted 10.05.2012 | Business

By Ann Saphir CHICAGO, Aug 6 (Reuters) - The hunt for the assets of Peregrine Financial Group CEO Russell Wasendorf Sr. has yielded a...

Clients Accuse Disgraced CEO Of 'Theft'

Reuters | Posted 10.01.2012 | Business

CHICAGO, Aug 1 (Reuters) - Several customers of Peregrine Financial Group are suing the failed futures brokerage's chief executive officer, Russell ...

PFGBest CEO Likely Had 'Some Type Of Assistance,' Lawyer Says

Reuters | Posted 09.26.2012 | Business

* "Hard to envision" Peregrine CEO acted alone-son's lawyer * NFA president also raised possibility CEO had accomplice *...

Are Women More Honest Than Men When It Comes To Finance?

LearnVest | Posted 09.19.2012 | Money
LearnVest

As we applaud more and more women rising to positions of power, we wonder--would more women commit fraud if only they had the opportunity?

FBI Seizes SpongeBob Coins From Disgraced CEO

Reuters | Posted 07.19.2012 | Business

(Reuters) - Silver SpongeBob SquarePants coins minted by a private company in New Zealand were among assets seized by FBI agents from Peregrine Financ...

Watchdog Scolded For Taking Brokers At Their Word Amid 20 Year Fraud

Reuters | Posted 09.17.2012 | Business

* NFA let firms verbally pledge to do better-2002 report * CFTC report called practice troubling * Report came during mi...

Disgraced CEO May Have Bought Private Jet, Wine Collection With Stolen Money

Reuters | Posted 09.19.2014 | Business

By Ann Saphir CHICAGO, July 18 (Reuters) - Peregrine Financial Group CEO Russell Wasendorf Sr., who last week confessed to bilking fu...

PFG Customer Money Has All Been Spent: Report

The Huffington Post | Mark Gongloff | Posted 07.18.2012 | Business

Thing One: Are My Methods Unsound? See, this right here is exactly why Jamie Dimon worries that financial regulations will destroy America. Most of...

Disgraced CEO Says He Spent Most Of Embezzled Customer Money

Posted 07.17.2012 | Business

Most of Peregrine Financial Group's missing money is likely gone. CEO Russell Wasendorf Sr. allegedly spent a significant chunk of the embezzled $...

CEO Of Disgraced Company Faces 'Up To Decades In Prison'

Reuters | Posted 09.12.2012 | Business

CEDAR RAPIDS, Iowa July 13 (Reuters) - Russell Wasendorf Sr., the founder and CEO of failed futures brokerage PFGBest, faces "up to decades in priso...

PFGBest Founder Forged Bank Docs For Years In Massive Cover-Up

Reuters | Ann Saphir | Posted 07.12.2012 | Business

Russell Wasendorf Sr., the sole owner and chairman of stricken futures broker Peregrine Financial Group, Inc., intercepted and forged bank documents f...

Founder Of Disgraced Firm Married In Vegas Weeks Before Scandal Broke

Reuters | Posted 09.11.2012 | Business

* Wasendorf married in Vegas weeks before planned Iowa wedding * Employees pack up as founder said to emerge from coma...

Jillian Berman

Troubled CEO Had 'Messianic Condition'

HuffingtonPost.com | Jillian Berman | Posted 07.11.2012 | Business

Russell Wasendorf Sr., the founder of Peregrine Financial Group, is such a presence in Cedar Falls, Iowa, that his attempted suicide has cast a shadow...

Peregrine Financial CEO Left Suicide Note 'That Caused Alarm'

AP | DANIEL WAGNER and JIM SUHR | Posted 09.09.2012 | Business

WASHINGTON — Employees of an Iowa-based brokerage firm that has been unable to account for $220 million in customer money found their boss in hi...

Brokerage Founder Attempts Suicide As Firm Loses Customer Funds

Reuters | Posted 09.08.2012 | Business

By Tom Polansek and David Sheppard CHICAGO/NEW YORK, July 9 (Reuters) - More than $200 million in customer funds appears to be missin...