Son Of Peregrine Ceo Says Fraud Devastating

The son of the disgraced chief of Peregrine Financial said he has been personally and financially devastated by his father's fraud, which brought down the firm and left investors facing tens of millions of dollars in losses.

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  • Son of Peregrine CEO Says Fraud Devastating
    Son of Peregrine CEO Says Fraud Devastating Jan 30, 2013 1:50 pm ET The son of the disgraced chief executive of Peregrine Financial Group Inc. said Wednesday he has been personally and financially...
    02/17/2020 - 1:28 pm | View Website
  • Peregrine boss Wasendorf gets 50 years jail for fraud ...
    Peregrine Financial Group owner and CEO Russell R. Wasendorf, Sr is sentenced at the US District Courthouse in Cedar Rapids, Iowa, January 31, 2013. A U.S. judge on Thursday sentenced Wasendorf to 50 years in prison for looting hundreds of millions of dollars from the brokerage, saying his customers would probably never recover the money they lost.
    02/13/2020 - 6:44 am | View Website
  • 'My Father Is Dead to Me': Son of Peregrine Thief
    Last July, Peregrine Financial's founder and CEO, Russell Wasendorf Sr., botched a suicide attempt at the firm's Cedar Falls headquarters. Before snaking a hose from the tailpipe of his car into the vehicle, he left a confession of his crimes along with a note begging his "wonderful...
    02/12/2020 - 2:28 am | View Website
  • Peregrine CEO's Son Boldly Blames US Bank For Father's ...
    The son of Peregrine Financial Group Inc. founder Russell Wasendorf Sr. accused U.S. Bank NA on Friday of helping his father hide a $100 million embezzlement scheme from regulators, but while his ...
    02/11/2020 - 12:20 am | View Website
  • FBI — Peregrine Financial Group CEO Sentenced to 50 Years ...
    Wasendorf was the owner and former chief executive officer of the now-bankrupt Peregrine Financial Group Inc. (PFG), a futures commission merchant headquartered in Cedar Falls, Iowa. In a plea agreement, Wasendorf admitted that, from about the early 1990s through about July of 2012, he stole millions of dollars from PFG’s customers.
    02/9/2020 - 12:30 am | View Website
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