Peregrine Ceo Faces Up To 50 Years In Jail Under Agreement

Reuters: Top News, Reuters
Tue, 09/11/2012 - 3:46pm

CEDAR RAPIDS, Iowa (Reuters) - Russell Wasendorf Sr., the futures brokerage chief executive accused of bilking customers out of millions of dollars, faces up to 50 years in jail under the terms of a plea agreement disclosed in a court hearing on Tuesday.

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