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Peregrine boss Wasendorf moves to high-security federal prison

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CHICAGO (Reuters) – Russell Wasendorf Sr., the former chief executive of Peregrine Financial Group, has been transferred to a high-security federal prison in Indiana to serve his 50-year sentence for bilking $215 million from customers of the failed futures brokerage.

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Post Published: 28 February 2013
Found in section: Finance