
PFGBest Owner Attempts Suicide, Leaving Client Funds Frozen at Futures Broker (UPDATE 2)
A small futures brokerage is freezing client funds after its owner attempted suicide, according to a press release on the brokerage’s website. PFGBest, a Cedar Rapids Falls, Iowa-based broker with about $400 million in client-segregated funds at the end of April, moved customer accounts into liquidation status while the company investigates “accounting irregularities.” Per the release:
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