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PFGBEST/COURT
RTR34WZ0
13 Jul. 2012
A Dodge Caravan carrying Russell Wasendorf Sr. enters... more
PFGBEST/COURT
RTR34WZ0
13 Jul. 2012
Cedar Rapids, UNITED STATES
A Dodge Caravan carrying Russell Wasendorf Sr. enters through the back entrance of the United States Federal Court of the Northern District of Iowa in Cedar Rapids, Iowa July 13, 2012. Wasendorf Sr., the founder and Chief Executive Officer of failed futures brokerage PFGBest, faces "up to decades in prison" after being accused of a massive fraud, Assistant U.S. Attorney Peter Deegan said on Friday. Wasendorf, 64, made his initial appearance in court in Cedar Rapids, Iowa, hours after being arrested by FBI agents at an Iowa City Hospital for lying to regulators. He entered no plea. REUTERS/Stephen Mally (UNITED STATES - Tags: BUSINESS CRIME LAW)
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