Reuters – Russell Wasendorf Sr. was arrested on Friday [July 13] after allegedly stealing more than $100 million from clients of his now-bankrupt brokerage PFGBest, using little more than a rented P.O. Box, Photoshop and inkjet printers to dupe regulators for decades.
In the dramatic conclusion to a week-long drama that has shaken trader confidence in the trillion-dollar U.S. futures markets, FBI agents arrested Mr. Wasendorf Sr., 64, at the Iowa City, Iowa, hospital he was taken to after he tried to
