Peregrine CEO Wasendorf’s Bail Hearing Moved to July 27
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Peregrine Financial Group Inc. founder Russell Wasendorf Sr.’s bail hearing was postponed to July 27 after he asked for more preparation time.
Wasendorf, who is accused of lying to federal regulators about how much client money the commodities broker had on deposit, noted he was assigned an attorney only yesterday, according to an order today by U.S. Magistrate Judge Jon Stuart Scoles in Cedar Rapids, Iowa.