1356 - $215 MILLION GONE: How One Trading Scam Fooled Everyone episode artwork

EPISODE · Aug 13, 2026 · 20 MIN

1356 - $215 MILLION GONE: How One Trading Scam Fooled Everyone

from The Trading Coach Podcast · host Akil Stokes

Imagine doing everything right as a trader… managing your risk, following your strategy, and protecting your capital—only to discover your broker never actually had your money. The Peregrine Financial Group scandal exposed a nearly 20-year fraud involving more than $215 million in stolen customer funds. Here’s what happened, how the scam went undetected for so long, and the critical lesson every trader needs to learn about broker and counterparty risk.Please leave a rating/review before you go!Your Trading Coach - Akil

Episode metadata supplied by the publisher feed · Published Aug 13, 2026

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1356 - $215 MILLION GONE: How One Trading Scam Fooled Everyone

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