Peregrine Financial Group Founder Russell Wasendorf's Assets To Be Auctioned


Lewis Schaal shows his number after placing a winning bid at an... News PhotoAssistance,Auction,Bankruptcy,Bid,Cedar Falls - Iowa,Cedar Rapids,Corporate Business,Finance,Group Of Objects,Horizontal,Inside Of,Iowa,Justice - Concept,Law,Luxury,Midwest USA,North America,Office,Positioning,Recovery,Showing,The Americas,USA,Wealth,White Collar Crime,WinningPhotographer Collection: Bloomberg 2012 BloombergLewis Schaal shows his number after placing a winning bid at an auction of the contents of the corporate offices of Peregrine Financial Group Inc. and My Verona Restaurant as well as personal items to help with the recovery of assets in the Russell Wasendorf Sr. bankruptcy proceedings in Cedar Falls, Iowa, U.S., on Dec. 5, 2012. Wasendorf, the founder of Peregrine Financial Group Inc., pleaded guilty in September to forging statements from lenders “to embezzle millions of dollars from customer accounts.” Photographer: Steve Pope/Bloomberg via Getty Images