Peregrine founder handed 50-year sentence

By Wire services | February 1, 2013 | Last updated on February 1, 2013
1 min read

Yesterday, the founder of Peregrine Financial Group was sentenced to 50 years in prison, reports Reuters.

It adds Russell Wasendorf Sr. received the maximum sentence permitted and also has to pay $215.5 million in restitution.

Read more.

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Peregrine Financial suspended: IIROC

Peregrine founder behind bars

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