Thursday, September 13, 2012

Peregrine CEO set to be released from jail after guilty plea

CHICAGO, Sept 13 (Reuters) - Peregrine Financial Group Chief
Executive Russell Wasendorf Sr., who has confessed to stealing
millions of dollars from clients, will be released from a county
jail after he pleads guilty on Sept. 17 to mail fraud, lying to
regulators and embezzling customer money, according to a judge's
order.

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