(Reuters) – Russell Wasendorf Sr, arrested on Friday, confessed to a 20-year fraud at his now-bankrupt Iowa brokerage, saying business troubles and his “big” ego left him no choice: “So I cheated.”
Read the article here.
If you enjoy the content at iBankCoin, please follow us on Twitter
Hard to believe. I still recall how cool and spiffy he was when we spoke.
In his defense, the only difference is our “American” system is authorized to be cronies (i.e money spend and print) by our Constitution.
You spoke to him?
Banal pleasantries (no 5th amendment).
8]P
Clearly I had no idea about all the facts that since occurred.
Personally, I think the DOJ should hook and crook Holder and the HOBO before going after a poor accounting CEO like Wassendorf. He’s been extorted most likely (But see Jamie Dimon and Lloyd Blank – who extorts whole nations [e.g. Greece]).
But I also acknowledge we’re living under a Communist regime of guberment (sic) and must tread with prudent vigilance.
Doesn’t mean I won’t shoot truth through the bull’s eye and speak in liberty’s hue our God given rights.
Especially concerning newsworthy issues.