'Bernie Madoff Of The Midwest' To Plead Guilty | WAMU 88.5 - American University Radio
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'Bernie Madoff Of The Midwest' To Plead Guilty

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Russ Wasendorf Sr., the founder of an Iowa brokerage firm, is expected to plead guilty to embezzlement charges Monday. Wasendorf, of Peregrine Financial Group, has signed a plea agreement with federal prosecutors admitting to bilking 24,000 investors out of at least $100 million.
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