WSJ - Russell Wasendorf, Sr. was CEO of Peregrine Financial Group when he tried to commit suicide on 7/9/12. On 9/11/12, he signed an agreement with Fed prosecutors, pleading guilty (after saying he was not guilty), as he admitted he was indeed carrying out a $200 Million fraud and embezzlement racket involving his financial customers. It's possible he could be sentenced to prison for up to 50 years. Mr. Wasendord asked to be freed until his hearing and sentencing but the request was denied by Judge Jon Scoles because of Wasendorf's attempted suicide. The long arm of the law got him and won't let go.
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