Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Tuesday, August 14, 2012

Peregrine CEO Indicted on Federal Fraud Charges

Russell R. Wasendorf Sr., CEO of Peregrine Financial Group, was indicted yesterday by a federal grand jury in Iowa on multiple counts of submitting false reports to the CFTC.  Last month Wasendof confessed to stealing over $100 million in clients' funds and attempted suicide.  NYTimes Dealbook, Peregrine Chief Is Indicted in Brokerage Fraud Case

http://lawprofessors.typepad.com/securities/2012/08/peregrine-ceo-indicted-on-federal-fraud-charges.html

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