Tuesday, August 28, 2012

Peregrine Capital CEO's New Wife Seeks Annulment

From the Waterloo Cedar Falls Courier:
Russell Wasendorf Sr.’s new bride is seeking an annulment, claiming their union, like so many bogus bank statements, was a fraud.

The Peregrine Financial Group founder and Nancy Paladino had been engaged since winter, and they had planned an August wedding at a Cedar Falls church. But in a surprise move, the two instead wed in Las Vegas, Nev., June 30.

Nine days later, Wasendorf Sr., 64, attempted to kill himself behind the PFG offices in Cedar Falls, and the investigation that followed resulted in federal criminal charges against him for allegedly misleading regulators with phoney bank records and bankruptcy for his commodities trading firm.

Paladino, of Lake Zurich, Ill., filed for an annulment in Clark County Family Court on Aug. 13, alleging her consent to marry was obtained by fraud, according to court records....MORE