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Peregrine Founder Won't Have to Name Names in Plea Deal

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Even though many suspect Peregrine Financial Group founder Russell Wasendorf Sr. had help pulling off a $200 million fraud, prosecutors are willing to let him plead guilty to reduced charges without saying who, if anyone, helped him.

CFTC Files Complaint Against Peregrine Financial Group

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The U.S. Commodity Futures Trading Commission (CFTC) has announced that it filed a complaint in the United States District Court for the Northern District of Illinois against Peregrine Financial Group Inc. (PFG), a registered futures commission merchant, and its owner, Russell R. Wasendorf, Sr.(Wasendorf).

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