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Wasendorf Sentencing
Acting United State Attorney Sean Berry speaks to the media during a press conference to discuss the sentencing of Peregrine Financial Group owner and CEO Russell R. Wasendorf, Sr at the US District Courthouse in Cedar Rapids on Thursday, January 31, 2013. Wasendorf received the maximum sentence of 50 years after pleading guilty to one count each of mail fraud, embezzlement of customer funds by a person registered under the Commodity Exchange Act , making false statements to the Commodity Futures Trading Commission and making false statements to a futures association registered under the Commodities Exchange Act. Behind Berry are (left to right) Assistant US Attorney Peter Deegan, Asst. US Attorney Matt Cole and Postal Inspector Tina Nobis. (Cliff Jette/The Gazette-KCRG TV9)
Credit: THE GAZETTE
