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Do Peregrine, MF Global, and JP Morgan’s Travails Have Anything in Common?
By: Wall Street Pit
Posted on July 15, 2012 at 06:46 AM EDT
The futures industry is reeling over the latest theft of segregated customer funds, this time by Peregrine Futures’ Russell Wasendorf. Wasendorf admitted to stealing seg funds in a note left at his side when he attempted suicide after it looked like his scheme was unraveling. He has been indicted for fraud committed over the 2010-2012 period. [...]
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