Russell Wasendorf Sr., former CEO of Peregrine Financial Group, has pleaded guilty to embezzling more than $100 million from customers for his futures brokerage, lying to investigators to cover his tracks, and mail fraud. Wasendorf agreed to plea guilty earlier this month and thought he would be freed from jail pending his sentencing. However, the judge is holding him behind bars after its determine whether Wasendorf is a flight risk. Click below to read more. Jason J.