NYT, WSJ - A Peregrine is a hawk that swoops after specific prey. One such human peregrine was shot down when a federal grand jury in Cedar Rapids, Iowa indicted Mr. Russell R. Wasendorf for 31 occasions when he made false reports to federal officials and can face up to 135 years in prison and fined as much as $7.75 million. Early in July, 2012, Mr. Wasendorf was found in his car in his company's parking lot attempting to commit suicide and leaving a note admitting to embezzling in excess of $100 million. The suicide note absolved his junior son, company president, from any involvement, but Mr. Wasendorf didn't hesitate illegally gathering funds for 20 years from friends and businesses for his own satisfaction and safety. Just one more case of a Greedster running wild.
No comments:
Post a Comment