Crouch Calls Peregrine Financial Fraud 'Bernie 2'

Crouch Calls Peregrine Financial Fraud 'Bernie 2' Play

July 12 (Bloomberg) -- A federal probe of Peregrine Financial Group Inc.’s $220 million shortfall in customer funds focuses on whether Russell Wasendorf Sr. used a post-office box to trick regulators into thinking they were dealing with U.S. Bancorp, a person with direct knowledge of the inquiry said. Aegis Capital's CEO Stanley Crouch talks with Scarlet Fu and Stephanie Ruhle on Bloomberg Television's "Market Makers." (Source: Bloomberg)

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