Friday, July 13, 2012

Russell Wasendorf Sr. arrested

  • IOWA CITY, Iowa (AP) — Federal prosecutors say the chief executive officer of an Iowa-based brokerage firm that is missing more than $200 million in customer money has been charged with lying to regulators. A complaint filed Friday in U.
  • (Huffington Post)
  • CHICAGO (Reuters) - Russell Wasendorf Sr., the founder and CEO of failed futures brokerage PFGBest, was arrested on Friday, five days after his suicide attempt brought to light allegations of a massive fraud, authorities said.
  • (msnbc.com)
  • Russell Wasendorf Sr., the founder and CEO of failed futures brokerage Peregrine Financial, was arrested on Friday, five days after his suicide attempt brought to light allegations of a massive fraud, authorities said.
  • (Chicago Tribune)
  • Russell Wasendorf Sr, chief executive of Peregrine Financial Group, was arrested by US authorities on Friday, and faces criminal charges over making and using false statements to deceive federal regulators.
  • (Financial Times)
  • Russell Wasendorf Sr. was arrested Friday by FBI agents and is due to make an initial appearance in federal court in Cedar Rapids, Iowa, on Friday afternoon, the U.S. Justice Department said.
  • (CNN (blog))
  • Cedar Falls business executive Russell Wasendorf, Sr., was arrested Friday morning by FBI agents. He is accused of making false statements to the U.S. Commodity Futures Trading Commission regarding the value of customer segregated funds at Peregrine Financial Group.
  • (KWWL)
  • PFGBest CEO Russell Wasendorf Sr. has been arrested and charged in relation to the collapse of his firm, according the U.S. Attorney's office. He is scheduled to appear in court today at 4 p.m. in Cedar Falls, Iowa.
  • (Wall Street Journal)
  • A complaint filed Friday in U.S. District Court in Cedar Rapids said Russell Wasendorf Sr., 64, made false statements to the from the U.S.
  • (Omaha World-Herald)
  • The chief executive of collapsed brokerage firm Peregrine Financial Group Inc. was arrested Friday and charged with lying to regulators, according to the U.S. Attorneys Office. Russell Wasendorf Sr.
  • (Wall Street Journal)
  • It's the new American rags to riches and back to rags story, and one that could just as easily be applied to Bernard Madoff or Jon Corzine, as to Cedar Falls investment guru Russell R. Wasendorf Sr of his father's arrest.
  • (Des Moines Register)

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