The Curious Case of Iowa Broker’s Romanian Property Empire
July 13, 2012 at 12:09 PM EDT
Russell Wasendorf Sr., the founder of failed Iowa brokerage PFGBest, had risky investments a long way from the Midwest markets where he built his name. More than a decade before he allegedly began hiding more than $200 million of misappropriated client money in a scheme that unraveled this week, Wasendorf joined three other Chicago traders [...]