
Now You Too Can Commit Financial Fraud a la PFG Founder Wasendorf
When news broke that Iowa-based futures broker Peregrine Financial Group (a.k.a PFGBest) was short some $200 million in client funds, we wondered how firm founder Russell R. Wasendorf eluded auditors. With a scanner and a fake P.O. Box, it turned out, and if that sounded like something Bart Simpson might have dreamed up to keep Read More