Peregrine: The Forged Statement and the Confession

For nearly twenty years, Russell Wasendorf Senior intercepted letters from his bank, altered the balance figures in Photoshop, and submitted the forged documents to regulators as genuine. Two hundred and fifteen million dollars in client funds was missing. When electronic verification finally bypassed his post office box, he drove to the company car park and wrote a confession.This episode of Dark Money: True Crime Finance goes inside Peregrine Financial Group — one of the most methodical one-man frauds in American regulatory history, the scanner and the Photoshop subscription that made it possible, and the note that ended it.Subscribe to Dark Money: True Crime Finance for new episodes daily