Peregrine Financial fraud loss tops $215 million, U.S. says

Comments (2)
rugratz2222 wrote:

guess that email from them saying I was getting $50 million dollars is not going to come true after all … and I only sent them 3 wire mail fees of $150 each … still waiting … waiting … (yes, I’m kidding, but there are hundreds who aren’t and get fooled by email scams every day.)

Jan 22, 2013 4:00pm EST  --  Report as abuse
xyz2055 wrote:

“Regulators have scrambled to patch perceived holes in customer protections at brokerages and exchanges that handle contracts valued at some $2.5 trillion a day.”

Perceived? MF Global simply took the money out of investors accounts and spend it (which is against the law) and NOBODY went to jail. What exactly does it take to move from the perceived category to the “Reality” status. If MF Global doesn’t get you there…what does?

Jan 22, 2013 4:07pm EST  --  Report as abuse
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