Peregrine Financial CEO To Go Home
by Tyler Durden at Zerohedge
Remember Peregrine Financial, the firm that just like MF Global, ended up vaporizing $200 million in client money after it was revealed that its suicide-challenged CEO Russell Wasendorf was stealing operating cash for two decades under the nose of the CFTC?…
Added by Francesc Riverola on September 14, 2012 at 12:03pm — No Comments
Peregrine’s Fraud Went Undetected in Two U.S. Agency Reviews
By Silla Brush at Bloomberg
The U.S. Commodity Futures Trading Commission reviewed operations at Peregrine Financial Group Inc. at least twice since 2006 without detecting the fraud that led to the collapse of the futures broker and a $200 million shortfall in…
Added by Francesc Riverola on July 18, 2012 at 12:35am — No Comments
A little bit late for PFGBest clients....
CFTC Approves New Financial Rules Submitted by the National Futures Association to Strengthen the Protection of Customer Funds Held by Futures Commission Merchants
Washington, DC – The Commodity Futures Trading Commission (Commission or CFTC) today approved new financial rules submitted by the National Futures…
Added by Francesc Riverola on July 16, 2012 at 4:26pm — No Comments
Bravo for this article!!!
(PFG) BEST foot forward?
by Paul Holmes, guest author at Forex Magnates
Suicide is painless, the pain is always felt by those left behind..or stiffed…
At the foot of the PFGBest site is a section titled “disaster recovery”. Many desperate clients, who will have visited the futures broker’s…
If you are affected by PFGBest fraud, you should not miss this special webinar we are putting with the help of the attorney Elan Mendel at Shipkevich PLLC this Friday July 13th 2012... I hope it will be useful for you.
Help us to spread the word
PFGBest Case: Discussion with Attorney Elan Mendel…
Added by Francesc Riverola on July 10, 2012 at 11:51pm — No Comments
CFTC Files Complaint Against Peregrine Financial Group, Inc. and Russell R. Wasendorf, Sr. Alleging Fraud, Misappropriation of Customer Funds, Violation of Customer Fund Segregation Laws, and Making False Statements
Commission Seeks an Order Freezing Assets and Restitution of Customer Funds.
Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) announced today…
Added by Francesc Riverola on July 10, 2012 at 8:58pm — No Comments