Thank you, Rob "BizJets"!!
N567XP Hawker 400A delivered Sept 24 2008 Brand New
.Peregrine Financial Group chief executive Russell Wasendorf Sr., who last week confessed to bilking futures customers of more than $100 million US, owned a jet and an extensive wine collection but he did not, he said in his confession, live large.
"I don't live a lavish
lifestyle," Wasendorf wrote in a signed note detailing the 20-year
fraud. "Although I am sure that some people will think that I do."
A copy of the confession was obtained by Reuters Wednesday.
As
a court-appointed receiver in Chicago prepares to sell Wasendorf's
Hawker Beechcraft jet, his $100,000 wine collection and other assets
that may have been bought with stolen money, the federal court in Cedar
Falls postponed Wasendorf's Wednesday bail hearing until July 27 to give
him more time to work with his newly appointed lawyer.
He will remain in custody until then, a spokesman for the U.S. attorney general said.
The
64-year-old owner and founder of the failed Iowa-based brokerage was
arrested last Friday, days after a botched suicide attempt, and charged
with lying to government regulators.
No comments:
Post a Comment