For more than 160 years, no customer had ever lost a penny as the result of default by a futures industry clearing member. MF Global’s failure last October, followed by fraud at PFGBest nine months later, shattered this uninterrupted legacy of trust
Russell Wasendorf has pleaded guilty to fraud at Peregrine Financial Group and is behind bars. Now, his estate is up for sale to try and recoup some of his theft. The "Des Moines Register" got a look inside his estate.