Recent Posts

Federal Regulators: Corzine Misused Funds, ‘Responsible’ For MF Global’s Collapse
Posted on 28 Jun 2013 by James Cordrey

NEW YORK — (Mealey’s) The U.S. Commodities Futures Trading Commission (CFTC) on June 27 filed a civil complaint in the U.S. District Court for the Southern District of New York, alleging that Jon S. Corzine, as CEO of bankrupt MF Global Holdings... Read More

Russell Wasendorf Gets 50-Year Sentence For Fraud Related To Peregrine Bankruptcy
Posted on 31 Jan 2013 by James Cordrey

CEDAR FALLS, Iowa- (Mealey's) A federal judge in Iowa on Jan. 31 sentenced Russell R. Wasendorf, the former CEO of bankrupt Peregrine Financial Group Inc., to 50 years in federal prison for stealing more than $215.53 million in customer funds while... Read More