Russell Wasendorf Sr

Type: Person

Name: Russell Wasendorf Sr

First reported 14 hours ago - Updated 14 hours ago - 1 reports

Pretending A P.O. Box Is Your Bank Isn?t Working Anymore

A North Carolina hedge fund manager used a personal post-office box and forged bank statements to hide his theft of about $6 million over a seven-year period, U.S. regulators and prosecutors said on Monday.James Shepherd, who ran a commodity fund that ... [Published Dealbreaker - 14 hours ago]

Entities: Fraud, Russell Wasendorf Sr, Peregrine Financial Group

First reported Jun 08 2013 - Updated Jun 08 2013 - 2 reports

Top 9: Big Bank Blamed in $215M Theft, Buzzers to Block School Intruders, City Bans Controversial Surveillance Tactic

Why nine? Because the Patch community includes nine sites in Iowa: Ames, Ankeny, Cedar Falls, Iowa City, Johnston, Marion,Urbandale, Waukee and West Des Moines.9. The federal government thinks U.S. Bank is complicit in the theft of $215 million by disgraced ... [Published Ames Patch - Jun 08 2013]

Entities: Cedar Falls (United States), Urbandale (United States), West Des Moines (United States)

First reported Jun 07 2013 - Updated Jun 07 2013 - 1 reports

US Bancorp sued over Midwest Madoff account

NEW YORK: US regulators has launched the first lawsuit against a bank tied to the blow-up of brokerage Peregrine Financial, alleging knowingly let Russell Wasendorf Sr use customer money held at the bank to fund his lavish lifestyle.Peregrine founder ... [Published thestar.com.my - Jun 07 2013]

Entities: Commodity Futures Trading Commission, US Bancorp, Lawsuit, Tom Joyce

First reported Jun 05 2013 - Updated Jun 06 2013 - 1 reports

JPMorgan Chase & Co

4 Financial Stock Stories to Take to the Bank

Wells Fargo & Co. ( NYSE:WFC ): Current price $39.87 A top Wells Fargo executive said Wednesday that his firm wants to step up its bond purchases , in order to benefit from higher potential returns from investments while interest rates in the United ... [Published Wall St. Cheat Sheet - Jun 05 2013]

Entities: JPMorgan Chase & Co, US Bancorp, Anshu Jain, Deutsche Bank AG, New York Stock Exchange

First reported Jun 06 2013 - Updated Jun 06 2013 - 1 reports

The Daily Docket: Ahern Wins OK on Bankruptcy Plan

Ahern Rentals Inc. won bankruptcy court approval to exit Chapter 11 protection under a plan that keeps the construction equipment rental company in the hands of the family that founded it 60 years ago. Read the Daily Bankruptcy Review article here . ... [Published WSJ.com: Bankruptcy Beat - Jun 06 2013]

Entities: Bankruptcy, Russell Wasendorf Sr, Peregrine Financial Group, Chapter 11 Protection

First reported Jun 05 2013 - Updated Jun 06 2013 - 2 reports

US Bancorp

UPDATE 3-US Bancorp sued over Midwest Madoff brokerage accounts

NEW YORK/CHICAGO, June 5 (Reuters) - U.S. regulators on Wednesday launched the first lawsuit against a bank tied to the blow-up of brokerage Peregrine Financial, alleging U.S. Bancorp knowingly let Russell Wasendorf Sr. use customer money held at the ... [Published Big News Network - Jun 06 2013]

Entities: Lawsuit, US Bancorp, Commodity Futures Trading Commission

First reported Jun 05 2013 - Updated Jun 06 2013 - 2 reports

Govt accuses US Bank of illegally handling funds

WASHINGTON -- The Commodity Futures Trading Commission filed a civil lawsuit Wednesday against U.S. Bank, accusing the bank of illegally handling customer funds from a failed brokerage firm.U.S. Bank held funds of the collapsed Peregrine Financial Group, ... [Published Big News Network - Jun 05 2013]

Entities: Russell Wasendorf Sr, Peregrine Financial Group, Private Jet, Commodity Futures Trading Commission, United States

First reported Jun 06 2013 - Updated Jun 06 2013 - 1 reports

PONZI SCHEME: U.S. Bank Facing Lawsuit For Helping Wasendorf

More than a year after Peregrine Financial Group went belly up following a Ponzi scheme; the U.S. Commodity Futures Trading Commission is suing U.S. Bank. They claim the bank knowingly helped former PFG CEO Russell Wasendorf Sr. defraud more than 24,000 ... [Published WHO-TV - Jun 06 2013]

Entities: Ponzi Scheme, Lawsuit, United States

First reported Jun 05 2013 - Updated Jun 05 2013 - 1 reports

The CFTC Officially Frowns On Accepting Brokerage Customer Money As Collateral For Loans To Brokerage’s Owner

It says so right here in this lawsuit. U.S. Bank NA used Peregrine Financial Group Inc. client funds as security for loans to firm founder Russell Wasendorf Sr., who has since been jailed for fraud, according to the Commodity Futures Trading Commission.… ... [Published Dealbreaker - Jun 05 2013]

Entities: Commodity Futures Trading Commission, Peregrine Financial Group, Russell Wasendorf Sr, US Bank NA

First reported Jun 05 2013 - Updated Jun 05 2013 - 2 reports

CFTC sues U.S. Bancorp's U.S. Bank N.A. over Peregrine funds

The CFTC complaint alleges that U.S. Bank N.A. used funds of Peregrine customers as security on loans and improperly held the funds in an account that it treated as Peregrine's commercial checking account.Russell Wasendorf Sr., the former chief executive ... [Published NewsRT.co.uk - Jun 05 2013]

Entities: US Bank NA, Commodity Futures Trading Commission, United States, Russell Wasendorf Sr

First reported Jun 04 2013 - Updated Jun 04 2013 - 1 reports

Former PFG headquarters will be sold to Peosta developer

CEDAR FALLS (KWWL) -The former Peregrine Financial Group Headquarters will be sold to A.J. Spiegel for $3,255,000. The closing is expected this month.A.J. Spiegel is the owner of the Spiegel Family Realty Company and Mi-T-M Corporation.The building was ... [Published KWWL - Jun 04 2013]

Entities: Russell Wasendorf Sr, Peregrine Financial Group, Headquarters

First reported May 29 2013 - Updated May 29 2013 - 1 reports

Entrepreneur or Con Man? How to Tell

What Entrepreneurs and Con Men Have in CommonEntrepreneurs and con men may share formative experiences. The difference is how they react.clippedConnect with Evernote:Please Login to Connect Your Account with EvernoteMr. Smith (not his real name) seemed ... [Published inc.com - May 29 2013]

Entities: Entrepreneur, Oprah Winfrey, Sir Richard Branson, Evernote

More Content

sort by: Date \| Relevance
Pretending A P.O. Box Is Your Bank Isn?t Workin... [Published Dealbreaker - 14 hours ago]
Hedge fund manager used postal box to hide $6 m... [Published AdBanks.net - Jun 18 2013]
Hedge fund manager used postal box to hide $6 m... [Published 4 Traders - Jun 18 2013]
GA Keen Realty Advisors Sells Former Corporate ... [Published Individual.com - Jun 10 2013]
Here’s All the Top Mega-Financial Stock Stories... [Published Wall St. Cheat Sheet - Jun 09 2013]
Top 9: Big Bank Blamed in $215M Theft, Buzzers ... [Published Ames Patch - Jun 08 2013]
Top 9: Big Bank Blamed in $215M Theft, Buzzers ... [Published Ankeny Patch - Jun 08 2013]
The Blotter: U.S. Bank hit with injunction due ... [Published Futures Magazine - Jun 07 2013]
Financial Weekly Notes: Wells Fargo, U.S. Banco... [Published Trefis - Jun 07 2013]
US Bancorp sued over Midwest Madoff account [Published thestar.com.my - Jun 07 2013]
The Daily Docket: Ahern Wins OK on Bankruptcy Plan [Published WSJ.com: Bankruptcy Beat - Jun 06 2013]
UPDATE 3-US Bancorp sued over Midwest Madoff br... [Published Big News Network - Jun 06 2013]
Agency files complaint against U.S. Bank over P... [Published Individual.com - Jun 06 2013]
PONZI SCHEME: U.S. Bank Facing Lawsuit For Help... [Published WHO-TV - Jun 06 2013]
U.S. Bank accused of illegally handling funds [Published Birmingham Star - Jun 05 2013]
UPDATE 2-US Bancorp sued over Midwest Madoff br... [Published Big News Network - Jun 05 2013]
Govt accuses US Bank of illegally handling funds [Published Big News Network - Jun 05 2013]
The CFTC Officially Frowns On Accepting Brokera... [Published Dealbreaker - Jun 05 2013]
Gov't accuses US Bank of illegally handling funds [Published Marin Independent Journal - Jun 05 2013]
4 Financial Stock Stories to Take to the Bank [Published Wall St. Cheat Sheet - Jun 05 2013]
UPDATE 2-US Bancorp sued over 'Midwest Madoff' ... [Published CNBC - Jun 05 2013]
CFTC sues U.S. Bancorp's U.S. Bank N.A. over Pe... [Published NewsRT.co.uk - Jun 05 2013]
UPDATE 1-CFTC sues US Bancorp's U.S. Bank N.A. ... [Published CNBC - Jun 05 2013]
The Madoff Of Munis [Published Forbes.com - Jun 05 2013]
GREAT AMERICAN GROUP INC: GA Keen Realty Adviso... [Published 4 Traders - Jun 04 2013]
Former PFG headquarters will be sold to Peosta ... [Published KWWL - Jun 04 2013]
Top 9: Communities Brace for Flood, Bachmann Co... [Published Ames Patch - Jun 01 2013]
Developer buys former PFG office complex in Ced... [Published Individual.com - May 31 2013]
Entrepreneur or Con Man? How to Tell [Published inc.com - May 29 2013]
Peregrine Financial Scion: 'My Father Is Dead T... [Published Clusterstock - May 09 2013]