Peregrine’s Wasendorf Stole More Than $215 Million, U.S. Says

Peregrine’s Wasendorf Stole More Than $215 Million, U.S. Says

Linn County Sheriff's Department via Bloomberg

Admitted embezzler Russell Wasendorf Sr., founder of now-bankrupt Peregrine Financial Group Inc., stole more than $215 million from the commodity firm’s customers, U.S. authorities said.