Peregrine CEO indicted in $200M fraud scheme

IOWA CITY, Iowa – The founder of a bankrupt Iowa-based brokerage accused was indicted by a federal grand jury Monday on 31 counts of making false statements to regulators in connection with a $200 million fraud scheme.Peregrine Financial Group Inc. CEO Russ Wasendorf Sr. could face up to 155 years in prison if convicted on all counts,…