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StarDust9182

Registered: May 2011
Posts: 486

09-12-12 07:29 PM

Quote from TraDaToR:

http://www.reuters.com/article/2012...E8KBMGC20120912

Ah - so it was the regulators to blame for fining him too much. That is likely to be a first in history. Not sure how that excuse flies in the face of his admission to starting the fraud almost immediately after starting his business. Did regulators know something early and fine him big right off the bat?

Generally speaking churches are against theft, embezzlement, lieing, stealing, drugs, drinking, suicide, etc. I am not sure if he is going for breaking all 10 commandments in his lifetime or not. (I am sure the pastor didn't have money with PFG.) There doesn't seem to be much there to work with for the pastor.

We should have as much compassion for him as he did for the people he harmed.

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eurotrasher

Registered: Aug 2012
Posts: 216

09-12-12 07:33 PM

" Linda Livingston, a pastor at Ascension Lutheran Church who knew Wasendorf in high school, told the judge that Wasendorf could move in with her and her husband if Wasendorf was allowed to leave jail....."

so a 3 way............

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TraDaToR

Registered: Dec 2006
Posts: 3777

09-21-12 01:46 PM

http://www.reuters.com/article/2012...E88J1EV20120920

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TraDaToR

Registered: Dec 2006
Posts: 3777

09-26-12 02:12 PM

Part One: http://in.reuters.com/article/2012/...E88N0EJ20120924

Part Two: http://in.reuters.com/article/2012/...E88O0HF20120925

Great articles. Crazy how he went from a little fraudster who was trying to make money back for his customers to a complete asshole dedicated to spend any money left before the regulators caught him...

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usrx201

Registered: Sep 2011
Posts: 65

09-27-12 06:40 PM

Almost like the petty dictator of a small country before it all falls apart. Complete with palatial holdings and propaganda arms (the futures magazine). In delusion even in the last days. "Here have some free wine bottles from the liberated segregated customer funds!"

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TraDaToR

Registered: Dec 2006
Posts: 3777

02-01-13 02:33 PM

http://online.wsj.com/article/BT-CO...dist_smartbrief

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