Crime, Justice and Public Safety
3:28 pm
Mon August 18, 2014

UNI Seeks to Recover Funds in Investment Fraud

The University of Northern Iowa is going to bankruptcy  court to try to get money back from the now defunct Cedar Falls-based investment fund  Peregrine Financial  group.   The firm’s CEO Russell Wasendorf, Sr. is serving a 50-year prison term for defrauding investors of more than 200 million dollars. 

Photo by Fried Dough